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 38.19 (%).Trend:Decrease 34.18% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 134.12 (%).Trend:Increase 251.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 66.14 (%).Trend:Decrease 50.69% than previous quarter

Overall: increasing (73.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 67.01 (%).Trend:Decrease 33.15% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 225.6 (%).Trend:Increase 236.67% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 109.56 (%).Trend:Decrease 51.44% than previous quarter

Overall: increasing (63.5%). 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 99.29 (%).Trend:Decrease 28.21% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 360.94 (%).Trend:Increase 263.52% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 167.74 (%).Trend:Decrease 53.53% than previous quarter

Overall: increasing (68.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 53.29 (%).Trend:Increase 0.24% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 57.1 (%).Trend:Increase 7.15% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 57.01 (%).Trend:Decrease 0.16% than previous quarter

Overall: increasing (6.98%). 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 65.9 (%).Trend:Increase 5.93% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 70.96 (%).Trend:Increase 7.68% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 69.18 (%).Trend:Decrease 2.51% than previous quarter

Overall: increasing (4.98%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 6.48 (USD).Trend:Increase 31.44% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.37 (USD).Trend:Decrease 78.86% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.47 (USD).Trend:Increase 80.29% than previous quarter

Overall: decreasing (-61.88%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 reveal significant volatility in working capital efficiency, with both liabilities and current assets on revenue demonstrating large increases and decreases. Cost efficiency, measured by the ratio of retained earnings to revenue, shows substantial fluctuations. SG&A expense ratio increases slightly, exhibiting minimal volatility. Investment efficiency shows a consistent increase.  Earnings per share displays substantial quarter-to-quarter fluctuations, with a steep drop in Q1 2023 and a notable uptick in Q2 2023.