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 44.33 (%).Trend:Decrease 36.12% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.0 (%).Trend:Decrease 34.58% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 37.08 (%).Trend:Increase 27.86% than previous quarter

Overall: decreasing (-16.35%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 23.33 (%).Trend:Decrease 51.54% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 16.68 (%).Trend:Decrease 28.5% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 18.26 (%).Trend:Increase 9.47% than previous quarter

Overall: decreasing (-21.73%). Fluctuation: **Neutral** (moderate variation).


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

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 46.9 (%).Trend:Decrease 47.39% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 30.92 (%).Trend:Decrease 34.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 49.88 (%).Trend:Increase 61.32% than previous quarter

Overall: increasing (6.35%). Fluctuation: **Neutral** (moderate variation).

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

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

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 11.81 (%).Trend:Decrease 28.25% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 11.75 (%).Trend:Decrease 0.51% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 15.24 (%).Trend:Increase 29.7% than previous quarter

Overall: increasing (29.04%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.97 (USD).Trend:Increase 42.75% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 1.52% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: increasing (1.52%). Fluctuation: **Little** (low variation).



Financial statements for Q2 2022 to Q2 2023 reveal mixed results. Liabilities on revenue are decreasing overall (-16.35%), with neutral fluctuation. Current assets on revenue are also decreasing (-21.73%), with neutral fluctuation, though significant variation exists. Cost efficiency, measured by the ratio of retained earnings to revenue, shows an overall increase (6.35%) with neutral fluctuation. Investment efficiency, tracking retained earnings on assets, increased by 29.04% with neutral fluctuation. Earnings per share are increasing overall, but with little to no fluctuation at 1.52%.