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

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 43.0 (%).Trend:Decrease 58.51% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 41.68 (%).Trend:Decrease 3.07% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.38 (%).Trend:Decrease 0.72% than previous quarter

Overall: decreasing (-3.77%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 50.38 (%).Trend:Decrease 56.77% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 45.42 (%).Trend:Decrease 9.85% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 52.13 (%).Trend:Increase 14.77% than previous quarter

Overall: increasing (3.47%). Fluctuation: **Little** (low variation).


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

Ratio of Retained Earnings to Revenue
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.27 (%).Trend:Increase 0.4% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.58 (%).Trend:Increase 3.71% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.86 (%).Trend:Increase 6.23% than previous quarter

Overall: increasing (10.18%). Fluctuation: **Little** (low variation).


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

Retained Earning on Assets
Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.02 (USD).Trend:Increase 100.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.43 (USD).Trend:Increase 20.3% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.49 (USD).Trend:Decrease 79.84% than previous quarter

Overall: decreasing (-75.74%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q2 2023 show a generally positive trend in working capital and cost efficiency but a considerable decline in investment efficiency. Liabilities on revenue decreased steadily. Current assets on revenue initially decreased, then increased slightly, with SG&A expense ratio trending positively.  However, earnings per share show a significant decline.