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 30.21 (%).Trend:Decrease 19.82% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 78.89 (%).Trend:Increase 161.14% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.72 (%).Trend:Decrease 49.65% than previous quarter

Overall: increasing (31.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.94 (%).Trend:Decrease 28.79% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 182.58 (%).Trend:Increase 238.49% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 102.31 (%).Trend:Decrease 43.96% than previous quarter

Overall: increasing (89.67%). 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 95.22 (%).Trend:Decrease 31.92% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 431.78 (%).Trend:Increase 353.46% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 199.32 (%).Trend:Decrease 53.84% than previous quarter

Overall: increasing (109.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.12 (%).Trend:Decrease 2.02% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.0 (%).Trend:Increase 32.01% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.68 (%).Trend:Decrease 14.5% than previous quarter

Overall: increasing (12.87%). 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 63.27 (%).Trend:Increase 2.53% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 71.53 (%).Trend:Increase 13.06% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 73.1 (%).Trend:Increase 2.19% than previous quarter

Overall: increasing (15.54%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 14.0 (USD).Trend:Increase 47.37% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 92.86% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 400.0% than previous quarter

Overall: decreasing (-64.29%). Fluctuation: **Significant** (high variation).



The financial statements from Q3 2022 to Q2 2023 reveal a pattern of substantial fluctuations across all key metrics. Working capital efficiency, measured by liabilities and current assets on revenue, shows substantial increases with sharp variations. Cost efficiency, in terms of the ratio of retained earnings to revenue, displays an overall increasing trend but significant variation. Selling, General & Administrative (SG&A) expenses show a minor overall increase. Investment efficiency, indicated by retained earnings on assets, displays a steady increase with little variation.  Earnings per share, however, experienced a significant overall decrease with large swings.