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 35.9 (%).Trend:Decrease 32.43% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 107.58 (%).Trend:Increase 199.67% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 58.88 (%).Trend:Decrease 45.27% than previous quarter

Overall: increasing (64.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 81.08 (%).Trend:Decrease 33.43% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 248.03 (%).Trend:Increase 205.91% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 132.94 (%).Trend:Decrease 46.4% than previous quarter

Overall: increasing (63.96%). 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 191.85 (%).Trend:Decrease 31.66% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 584.49 (%).Trend:Increase 204.66% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 304.41 (%).Trend:Decrease 47.92% than previous quarter

Overall: increasing (58.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 139.6 (%).Trend:Increase 1.15% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 140.88 (%).Trend:Increase 0.92% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 139.89 (%).Trend:Decrease 0.7% than previous quarter

Overall: increasing (0.21%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 5.63 (USD).Trend:Increase 49.34% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.03 (USD).Trend:Decrease 63.94% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.9 (USD).Trend:Increase 92.12% than previous quarter

Overall: decreasing (-30.73%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2022 to Q2 2023 indicates significant volatility across various metrics. Liabilities and current assets on revenue increased but showed significant quarter-to-quarter changes.  Cost efficiency, as measured by the retained earnings ratio, rose, but with major quarter-to-quarter fluctuations.  Investment efficiency remained fairly stable, contrasting with significant variations in earnings per share, which decreased overall.