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 29.71 (%).Trend:Decrease 44.79% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 100.47 (%).Trend:Increase 238.17% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.06 (%).Trend:Decrease 59.13% than previous quarter

Overall: increasing (38.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 57.11 (%).Trend:Decrease 37.3% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 199.76 (%).Trend:Increase 249.78% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 91.71 (%).Trend:Decrease 54.09% than previous quarter

Overall: increasing (60.58%). 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 61.09 (%).Trend:Decrease 31.96% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 202.25 (%).Trend:Increase 231.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 96.88 (%).Trend:Decrease 52.1% than previous quarter

Overall: increasing (58.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.74 (%).Trend:Decrease 2.35% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.6 (%).Trend:Increase 8.97% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.59 (%).Trend:Decrease 8.89% than previous quarter

Overall: decreasing (-0.72%). 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 55.37 (%).Trend:Increase 7.74% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 54.35 (%).Trend:Decrease 1.84% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 56.62 (%).Trend:Increase 4.18% than previous quarter

Overall: increasing (2.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.17 (USD).Trend:Increase 65.97% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.81 (USD).Trend:Decrease 74.45% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.09 (USD).Trend:Increase 158.02% than previous quarter

Overall: decreasing (-34.07%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 reveals considerable volatility in key metrics. Liabilities and current assets on revenue experienced significant increases and decreases.  Cost efficiency, as indicated by the retained earnings ratio, also displayed significant fluctuations. SG&A expense ratios remained relatively steady, declining slightly. Investment efficiency (retained earnings on assets) increased steadily, though with minor variations. Earnings per share showed notable fluctuations, increasing before decreasing.