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 27.36 (%).Trend:Decrease 36.89% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 67.66 (%).Trend:Increase 147.3% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.15 (%).Trend:Decrease 51.01% than previous quarter

Overall: increasing (21.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 59.41 (%).Trend:Decrease 29.79% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 184.51 (%).Trend:Increase 210.57% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 83.71 (%).Trend:Decrease 54.63% than previous quarter

Overall: increasing (40.9%). 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 26.51 (%).Trend:Decrease 24.58% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 80.52 (%).Trend:Increase 203.73% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 44.6 (%).Trend:Decrease 44.61% than previous quarter

Overall: increasing (68.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 34.96 (%).Trend:Increase 1.69% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.43 (%).Trend:Decrease 7.24% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.77 (%).Trend:Increase 4.13% than previous quarter

Overall: decreasing (-3.4%). 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 23.0 (%).Trend:Increase 8.44% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 22.53 (%).Trend:Decrease 2.04% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 26.32 (%).Trend:Increase 16.82% than previous quarter

Overall: increasing (14.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.74 (USD).Trend:Increase 36.32% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.37 (USD).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.46 (USD).Trend:Increase 79.56% than previous quarter

Overall: decreasing (-10.22%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 shows significant volatility. Liabilities on revenue displayed a substantial decrease, followed by an increase, then a decrease again. Current assets on revenue also showed a considerable increase, decrease and then increase again. The ratio of retained earnings to revenue shows significant variation with a substantial increase. The selling, general, and administrative (SG&A) expense ratio shows slight variations. Investment efficiency shows minor changes in retained earnings on assets. Earnings per share shows significant volatility.