Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 29.42 (%).Trend:Decrease 36.92% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 91.74 (%).Trend:Increase 211.83% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.45 (%).Trend:Decrease 52.64% than previous quarter

Overall: increasing (47.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 47.54 (%).Trend:Decrease 33.58% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 144.47 (%).Trend:Increase 203.89% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 68.51 (%).Trend:Decrease 52.58% than previous quarter

Overall: increasing (44.11%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 22.77 (%).Trend:Decrease 15.35% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 66.3 (%).Trend:Increase 191.17% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 34.21 (%).Trend:Decrease 48.4% than previous quarter

Overall: increasing (50.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.95 (%).Trend:Decrease 4.2% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.41 (%).Trend:Decrease 4.93% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.28 (%).Trend:Decrease 1.25% than previous quarter

Overall: decreasing (-6.12%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 24.32 (%).Trend:Increase 22.77% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 25.18 (%).Trend:Increase 3.54% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.52 (%).Trend:Increase 9.29% than previous quarter

Overall: increasing (13.16%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.48 (USD).Trend:Increase 2860.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.27 (USD).Trend:Decrease 81.76% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.74 (USD).Trend:Increase 174.07% than previous quarter

Overall: decreasing (-50.0%). Fluctuation: **Significant** (high variation).



The provided financial statements reveal significant volatility in working capital efficiency, with liabilities and current assets on revenue fluctuating considerably.  Cost efficiency, represented by the SG&A expense ratio, shows a consistent, though slight, decrease.  Investment efficiency, gauged by retained earnings on assets, demonstrates a modest, but consistent increase. Earnings per share demonstrates substantial volatility, exhibiting both increases and decreases.