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 30.63 (%).Trend:Decrease 32.37% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 82.86 (%).Trend:Increase 170.52% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.44 (%).Trend:Decrease 48.78% than previous quarter

Overall: increasing (38.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 46.36 (%).Trend:Decrease 31.57% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 128.72 (%).Trend:Increase 177.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.51 (%).Trend:Decrease 49.11% than previous quarter

Overall: increasing (41.31%). 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 32.7 (%).Trend:Decrease 32.35% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 96.54 (%).Trend:Increase 195.23% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 49.45 (%).Trend:Decrease 48.78% than previous quarter

Overall: increasing (51.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.95 (%).Trend:Increase 2.05% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.19 (%).Trend:Increase 1.27% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.13 (%).Trend:Decrease 0.31% than previous quarter

Overall: increasing (0.95%). 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 45.49 (%).Trend:Increase 0.4% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 47.3 (%).Trend:Increase 3.98% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 47.36 (%).Trend:Increase 0.13% than previous quarter

Overall: increasing (4.11%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.62 (USD).Trend:Increase 36.13% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.29 (USD).Trend:Decrease 117.9% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.49 (USD).Trend:Increase 68.97% than previous quarter

Overall: increasing (-130.25%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 reveal a mixed picture of performance. Working capital efficiency, measured by liabilities and current assets on revenue, shows significant, albeit uneven, fluctuations.  Cost efficiency, indicated by the ratio of retained earnings to revenue, also displays significant variations, with large changes in Q1 2023. SG&A expense ratios experience little fluctuation, displaying slight increases throughout the period. Investment efficiency is fairly stable, with steady increases in retained earnings on assets. Earnings per share show considerable variations, but with increases in Q2 2023.  Overall, the data suggests considerable volatility in various financial aspects requiring deeper investigation into underlying causes.