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 22.55 (%).Trend:Decrease 31.89% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 62.63 (%).Trend:Increase 177.74% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 27.75 (%).Trend:Decrease 55.69% than previous quarter

Overall: increasing (23.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 38.75 (%).Trend:Increase 0.6% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 90.53 (%).Trend:Increase 133.63% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 39.31 (%).Trend:Decrease 56.58% than previous quarter

Overall: increasing (1.45%). 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 94.73 (%).Trend:Decrease 36.57% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 272.32 (%).Trend:Increase 187.47% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 135.45 (%).Trend:Decrease 50.26% than previous quarter

Overall: increasing (42.99%). 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 24.94 (%).Trend:Decrease 6.73% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 24.33 (%).Trend:Decrease 2.45% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 24.33 (%).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-2.45%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.46 (USD).Trend:Increase 55.32% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.48 (USD).Trend:Decrease 67.12% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.97 (USD).Trend:Increase 102.08% than previous quarter

Overall: decreasing (-33.56%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2022 to Q2 2023 reveals considerable volatility across key metrics. Liabilities on Revenue show a significant, fluctuating increase, then decrease. Current assets on Revenue also show substantial variation, increasing then decreasing.  Cost efficiency, as measured by the Ratio of Retained Earnings to Revenue, exhibits substantial fluctuations.  Invest efficiency shows a steady decrease in Retained Earning on Assets with minimal variation. Earning per share (EPS) reveals an overall negative trend with large fluctuation.