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 19.62 (%).Trend:Decrease 44.45% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 67.4 (%).Trend:Increase 243.53% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.97 (%).Trend:Decrease 54.05% than previous quarter

Overall: increasing (57.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 62.07 (%).Trend:Decrease 38.24% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 240.98 (%).Trend:Increase 288.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 107.63 (%).Trend:Decrease 55.34% than previous quarter

Overall: increasing (73.4%). 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 29.32 (%).Trend:Decrease 33.53% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 117.98 (%).Trend:Increase 302.39% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 51.2 (%).Trend:Decrease 56.6% than previous quarter

Overall: increasing (74.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.73 (%).Trend:Decrease 4.82% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.29 (%).Trend:Increase 31.64% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.96 (%).Trend:Decrease 15.87% than previous quarter

Overall: increasing (10.76%). Fluctuation: **Neutral** (moderate 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 23.05 (%).Trend:Increase 8.32% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 22.93 (%).Trend:Decrease 0.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.48 (%).Trend:Increase 2.4% than previous quarter

Overall: increasing (1.87%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.89 (USD).Trend:Increase 96.6% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.16 (USD).Trend:Decrease 105.54% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.76 (USD).Trend:Decrease 575.0% than previous quarter

Overall: decreasing (-73.7%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue decreased by 44.45% in Q3 2022, then increased dramatically to 67.4% in Q1 2023, before decreasing again to 30.97% in Q2 2023.  Current assets on revenue also show substantial volatility, declining 38.24% in Q3 2022, then soaring to 240.98% in Q1 2023, before again falling to 107.63% in Q2 2023. Cost efficiency demonstrates similar significant fluctuations in the ratio of retained earnings to revenue (29.32% in Q3 2022, 117.98% in Q1 2023, 51.2% in Q2 2023).  Selling, General & Administrative (SG&A) expense ratio shows more moderate fluctuation. Investment efficiency shows the most stable performance, with Retained Earning on Assets fluctuating between 23.05% and 23.48% in Q3 2022 and Q2 2023. Earning per share is decreasing with significant fluctuation, with 2.89 USD in Q3 2022, decreasing to -0.16 USD in Q1 2023, and then to 0.76 USD in Q2 2023.