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 31.19 (%).Trend:Decrease 28.08% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 84.13 (%).Trend:Increase 169.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.8 (%).Trend:Decrease 49.13% than previous quarter

Overall: increasing (37.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 54.83 (%).Trend:Decrease 29.25% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 168.22 (%).Trend:Increase 206.8% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 87.93 (%).Trend:Decrease 47.73% than previous quarter

Overall: increasing (60.37%). 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 32.21 (%).Trend:Decrease 30.97% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 92.28 (%).Trend:Increase 186.49% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 45.86 (%).Trend:Decrease 50.3% than previous quarter

Overall: increasing (42.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.77 (%).Trend:Increase 0.52% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.59 (%).Trend:Decrease 2.32% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.2 (%).Trend:Decrease 5.14% than previous quarter

Overall: decreasing (-7.34%). 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 44.92 (%).Trend:Decrease 0.99% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 43.54 (%).Trend:Decrease 3.07% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 42.09 (%).Trend:Decrease 3.33% than previous quarter

Overall: decreasing (-6.3%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.69 (USD).Trend:Increase 51.98% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.95 (USD).Trend:Decrease 64.68% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.97 (USD).Trend:Increase 107.37% than previous quarter

Overall: decreasing (-26.77%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 shows considerable fluctuation.  Liabilities on revenue and current assets on revenue increased significantly overall, despite quarter-to-quarter volatility.  The ratio of retained earnings to revenue also increased significantly.  Conversely, earnings per share decreased overall.  SG&A expenses and retained earnings on assets showed minor declines.