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 63.82 (%).Trend:Decrease 36.67% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 204.08 (%).Trend:Increase 219.77% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 100.39 (%).Trend:Decrease 50.81% than previous quarter

Overall: increasing (57.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 91.3 (%).Trend:Decrease 31.84% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 305.73 (%).Trend:Increase 234.86% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 125.62 (%).Trend:Decrease 58.91% than previous quarter

Overall: increasing (37.59%). 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 200.84 (%).Trend:Decrease 31.16% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 607.87 (%).Trend:Increase 202.66% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 307.93 (%).Trend:Decrease 49.34% than previous quarter

Overall: increasing (53.32%). 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 70.31 (%).Trend:Increase 4.77% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 71.16 (%).Trend:Increase 1.21% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 78.45 (%).Trend:Increase 10.24% than previous quarter

Overall: increasing (11.58%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 8.09 (USD).Trend:Increase 49.81% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.98 (USD).Trend:Decrease 63.16% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.08 (USD).Trend:Increase 104.03% than previous quarter

Overall: decreasing (-24.85%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 shows significant volatility.  Working capital efficiency, specifically liabilities and current assets on revenue, saw substantial increases but with significant fluctuations.  Cost efficiency (ratio of retained earnings to revenue) also increased substantially with high variation. Investment efficiency maintained a consistent upward trend with little fluctuation. Earnings per share decreased overall, with significant variation.