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 18.14 (%).Trend:Decrease 28.24% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 50.64 (%).Trend:Increase 179.16% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 25.73 (%).Trend:Decrease 49.19% than previous quarter

Overall: increasing (41.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 50.12 (%).Trend:Decrease 33.08% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 130.33 (%).Trend:Increase 160.04% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 70.21 (%).Trend:Decrease 46.13% than previous quarter

Overall: increasing (40.08%). 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 58.27 (%).Trend:Decrease 34.31% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 144.49 (%).Trend:Increase 147.97% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 82.93 (%).Trend:Decrease 42.61% than previous quarter

Overall: increasing (42.32%). 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 64.77 (%).Trend:Increase 1.78% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 64.17 (%).Trend:Decrease 0.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 64.29 (%).Trend:Increase 0.19% than previous quarter

Overall: decreasing (-0.74%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.33 (USD).Trend:Increase 51.14% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 71.43% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.49 (USD).Trend:Increase 292.11% than previous quarter

Overall: increasing (12.03%). Fluctuation: **Significant** (high variation).



The financial data reveals significant volatility across several key performance indicators (KPIs) from Q3 2022 to Q2 2023. Working capital efficiency, measured by liabilities and current assets on revenue, displays substantial fluctuation.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also demonstrates high variability. Investment efficiency, on the other hand, exhibits a more stable, albeit slight increasing trend in retained earnings on assets. Earnings per share experience a substantial downward spike in Q1 2023 before increasing substantially in Q2.  These significant variations in financial metrics suggest a period of instability and potentially rapid changes in the business operations.