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 29.64 (%).Trend:Decrease 34.9% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 81.28 (%).Trend:Increase 174.22% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 40.95 (%).Trend:Decrease 49.62% than previous quarter

Overall: increasing (38.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 33.86 (%).Trend:Decrease 36.29% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 104.2 (%).Trend:Increase 207.74% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 54.81 (%).Trend:Decrease 47.4% than previous quarter

Overall: increasing (61.87%). 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 120.27 (%).Trend:Decrease 33.81% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 347.4 (%).Trend:Increase 188.85% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 168.09 (%).Trend:Decrease 51.61% than previous quarter

Overall: increasing (39.76%). 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 118.16 (%).Trend:Increase 1.4% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 117.54 (%).Trend:Decrease 0.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 115.09 (%).Trend:Decrease 2.08% than previous quarter

Overall: decreasing (-2.6%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 756.0 (USD).Trend:Increase 56.78% than previous quarter
Year 2023 Quarter 1: Earning Per Share 279.85 (USD).Trend:Decrease 62.98% than previous quarter
Year 2023 Quarter 2: Earning Per Share 661.38 (USD).Trend:Increase 136.33% than previous quarter

Overall: decreasing (-12.52%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2022 to Q2 2023 shows substantial fluctuations in working capital and cost efficiency metrics. Liabilities and current assets on revenue exhibit large swings.  The ratio of retained earnings to revenue shows similar high variation, indicating significant changes in profitability.  Invest efficiency remained relatively stable, with retained earnings on assets demonstrating little fluctuation. Earnings per share, however, show substantial quarterly variation, indicating potential market volatility.