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 23.38 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 69.9 (%).Trend:Increase 198.97% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.71 (%).Trend:Decrease 53.2% than previous quarter

Overall: increasing (39.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 97.89 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 311.64 (%).Trend:Increase 218.36% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 159.1 (%).Trend:Decrease 48.95% than previous quarter

Overall: increasing (62.53%). 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 181.31 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 277.01 (%).Trend:Increase 52.78% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 144.07 (%).Trend:Decrease 47.99% than previous quarter

Overall: decreasing (-20.54%). 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 106.03 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 53.21 (%).Trend:Decrease 49.82% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 55.27 (%).Trend:Increase 3.87% than previous quarter

Overall: decreasing (-47.87%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q3 2022 to Q2 2023 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue increased sharply in Q1 2023, then decreased substantially in Q2 2023, resulting in a net overall increase. Current assets on revenue also exhibited a similar pattern of substantial increase in Q1 2023 followed by a significant decrease in Q2 2023, resulting in a net overall increase.  Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased significantly throughout the period.  Investment efficiency, measured by retained earnings on assets, also showed a substantial decrease overall with significant fluctuation.  Further analysis is needed to determine the underlying causes of these fluctuations and their implications for the company's financial health.