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 21.58 (%).Trend:Decrease 29.22% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 61.36 (%).Trend:Increase 184.34% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.56 (%).Trend:Decrease 53.46% than previous quarter

Overall: increasing (32.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 32.79 (%).Trend:Decrease 32.34% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 106.22 (%).Trend:Increase 223.94% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 52.86 (%).Trend:Decrease 50.24% than previous quarter

Overall: increasing (61.21%). 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 61.48 (%).Trend:Decrease 32.26% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 182.64 (%).Trend:Increase 197.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 99.29 (%).Trend:Decrease 45.64% than previous quarter

Overall: increasing (61.5%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.61 (%).Trend:Decrease 5.03% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.56 (%).Trend:Increase 14.37% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.67 (%).Trend:Increase 1.46% than previous quarter

Overall: increasing (16.04%). 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 33.25 (%).Trend:Decrease 2.52% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 30.12 (%).Trend:Decrease 9.41% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 32.11 (%).Trend:Increase 6.61% than previous quarter

Overall: decreasing (-3.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.6 (USD).Trend:Increase 49.38% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.16 (USD).Trend:Decrease 67.78% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.74 (USD).Trend:Increase 136.21% than previous quarter

Overall: decreasing (-23.89%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 displays significant fluctuations in working capital efficiency. Liabilities on revenue decreased and then increased significantly, before decreasing again. Current assets on revenue also decreased then increased substantially before decreasing. Cost efficiency also shows a substantial increase and decrease in the ratio of retained earnings to revenue.  The SG&A expense ratio shows little fluctuation. Investment efficiency demonstrates a slight decrease in retained earnings on assets. Earnings per share shows a substantial decrease and then an increase, with significant fluctuations overall.