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 27.98 (%).Trend:Decrease 35.91% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 89.27 (%).Trend:Increase 219.05% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.91 (%).Trend:Decrease 53.05% than previous quarter

Overall: increasing (49.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 43.93 (%).Trend:Decrease 36.26% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 139.33 (%).Trend:Increase 217.16% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.75 (%).Trend:Decrease 52.81% than previous quarter

Overall: increasing (49.67%). 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 20.03 (%).Trend:Decrease 34.93% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 66.97 (%).Trend:Increase 234.35% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 29.16 (%).Trend:Decrease 56.46% than previous quarter

Overall: increasing (45.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 43.86 (%).Trend:Decrease 2.49% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 46.76 (%).Trend:Increase 6.61% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 46.26 (%).Trend:Decrease 1.07% than previous quarter

Overall: increasing (5.47%). Fluctuation: **Little** (low variation).


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 20.99 (%).Trend:Increase 3.4% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 22.52 (%).Trend:Increase 7.29% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 20.53 (%).Trend:Decrease 8.84% than previous quarter

Overall: decreasing (-2.19%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.68 (USD).Trend:Increase 166.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 89.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.98 (USD).Trend:Increase 157.89% than previous quarter

Overall: decreasing (-73.37%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show significant volatility in various financial metrics. Working capital efficiency (liabilities and current assets on revenue) reveals an increase but substantial quarter-to-quarter fluctuations. Cost efficiency, particularly the retained earnings to revenue ratio, demonstrates substantial variability. Selling, General, and Administrative (SG&A) expense ratios show a slight overall increase. Investment efficiency reveals stable increases in retained earnings on assets.  Earnings per share show notable fluctuations, with a significant decrease in Q1 2023.