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 8.47 (%).Trend:Decrease 51.98% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 41.7 (%).Trend:Increase 392.33% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 14.62 (%).Trend:Decrease 64.94% than previous quarter

Overall: increasing (72.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 114.47 (%).Trend:Decrease 29.3% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 485.79 (%).Trend:Increase 324.38% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 240.26 (%).Trend:Decrease 50.54% than previous quarter

Overall: increasing (109.89%). 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 153.39 (%).Trend:Decrease 27.31% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 633.73 (%).Trend:Increase 313.15% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 326.72 (%).Trend:Decrease 48.44% than previous quarter

Overall: increasing (113.0%). 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 95.24 (%).Trend:Increase 6.65% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 97.1 (%).Trend:Increase 1.95% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 100.16 (%).Trend:Increase 3.15% than previous quarter

Overall: increasing (5.17%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 44.84 (USD).Trend:Increase 60.03% than previous quarter
Year 2023 Quarter 1: Earning Per Share 11.25 (USD).Trend:Decrease 74.91% than previous quarter
Year 2023 Quarter 2: Earning Per Share 24.31 (USD).Trend:Increase 116.09% than previous quarter

Overall: decreasing (-45.79%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased drastically in Q1 2023, after declining in the previous two quarters. Current assets on revenue also experienced a significant increase and decrease across the quarters. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows significant fluctuations with substantial increases and decreases across the quarters. Investment efficiency shows a slight, consistent upward trend in retained earnings on assets, indicating little fluctuation. Earnings per share show significant variation, decreasing sharply in Q1 2023, increasing substantially in Q2 2023, and then again in Q3 2023.