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 17.56 (%).Trend:Decrease 39.51% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 49.03 (%).Trend:Increase 179.21% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.4 (%).Trend:Decrease 50.23% than previous quarter

Overall: increasing (38.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 41.59 (%).Trend:Decrease 33.2% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 112.54 (%).Trend:Increase 170.59% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 57.22 (%).Trend:Decrease 49.16% than previous quarter

Overall: increasing (37.58%). 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 14.09 (%).Trend:Decrease 24.65% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 46.89 (%).Trend:Increase 232.79% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 26.54 (%).Trend:Decrease 43.4% than previous quarter

Overall: increasing (88.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.49 (%).Trend:Increase 1.04% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.69 (%).Trend:Decrease 3.9% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.59 (%).Trend:Decrease 0.51% than previous quarter

Overall: decreasing (-4.39%). 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 15.28 (%).Trend:Increase 5.23% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 19.84 (%).Trend:Increase 29.84% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 22.82 (%).Trend:Increase 15.02% than previous quarter

Overall: increasing (49.35%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.57 (USD).Trend:Increase 45.54% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.1 (USD).Trend:Decrease 54.05% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.54 (USD).Trend:Increase 116.19% than previous quarter

Overall: decreasing (-0.66%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show considerable volatility. Working capital efficiency displays substantial swings in both liabilities and current assets, with a pronounced increase in Q1 2023 and a subsequent decrease in Q2 2023. Cost efficiency reveals significant fluctuations, notably a surge in retained earnings to revenue ratio in Q1 2023. Investment efficiency demonstrates a consistent upward trend in retained earnings on assets. Earnings per share show a large drop in Q1 2023, followed by an increase in Q2 2023.