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 78.45 (%).Trend:Decrease 44.51% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 268.51 (%).Trend:Increase 242.27% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 132.71 (%).Trend:Decrease 50.58% than previous quarter

Overall: increasing (69.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 83.26 (%).Trend:Decrease 36.99% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 275.41 (%).Trend:Increase 230.78% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 140.41 (%).Trend:Decrease 49.02% than previous quarter

Overall: increasing (68.64%). 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 38.64 (%).Trend:Decrease 31.47% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 99.92 (%).Trend:Increase 158.59% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 49.39 (%).Trend:Decrease 50.57% than previous quarter

Overall: increasing (27.82%). 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 8.47 (%).Trend:Increase 8.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 7.96 (%).Trend:Decrease 6.02% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 7.94 (%).Trend:Decrease 0.25% than previous quarter

Overall: decreasing (-6.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.56 (USD).Trend:Increase 44.44% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 98.08% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.1 (USD).Trend:Increase 233.33% than previous quarter

Overall: decreasing (-93.59%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 shows considerable volatility across several key areas. Liabilities and current assets on revenue displayed significant increases and decreases, impacting working capital efficiency. The ratio of retained earnings to revenue also fluctuated considerably.  Investment efficiency, as measured by retained earnings on assets, exhibits a modest decline with limited variability. Earnings per share, however, show a substantial decrease and highly fluctuating trends. This data points to a need for further analysis to identify underlying reasons for the observed variability.