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 35.03 (%).Trend:Decrease 42.19% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 143.37 (%).Trend:Increase 309.28% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 69.15 (%).Trend:Decrease 51.77% than previous quarter

Overall: increasing (97.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 47.12 (%).Trend:Decrease 39.99% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 162.4 (%).Trend:Increase 244.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 81.62 (%).Trend:Decrease 49.74% than previous quarter

Overall: increasing (73.22%). 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 94.63 (%).Trend:Decrease 35.49% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 388.33 (%).Trend:Increase 310.37% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 205.26 (%).Trend:Decrease 47.14% than previous quarter

Overall: increasing (116.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.49 (%).Trend:Decrease 3.86% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.54 (%).Trend:Increase 42.17% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.68 (%).Trend:Increase 3.95% than previous quarter

Overall: increasing (47.79%). 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 59.13 (%).Trend:Increase 4.01% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 61.23 (%).Trend:Increase 3.55% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 62.08 (%).Trend:Increase 1.39% than previous quarter

Overall: increasing (4.99%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 8.58 (USD).Trend:Increase 40.43% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.3 (USD).Trend:Decrease 84.85% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.41 (USD).Trend:Increase 85.38% than previous quarter

Overall: decreasing (-71.91%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 reveals significant fluctuations.  Liabilities on revenue and current assets on revenue exhibit substantial increases and decreases, indicating instability.  Cost efficiency shows an increase in SG&A expense ratios.  Investment efficiency demonstrates a steady increase in retained earnings on assets.  However, earnings per share show a significant decrease in Q1 2023 before rebounding in Q2.