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 36.03 (%).Trend:Decrease 45.58% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 115.87 (%).Trend:Increase 221.59% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.26 (%).Trend:Decrease 53.17% than previous quarter

Overall: increasing (50.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 36.16 (%).Trend:Decrease 37.2% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 115.63 (%).Trend:Increase 219.77% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 54.36 (%).Trend:Decrease 52.99% than previous quarter

Overall: increasing (50.33%). 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 19.46 (%).Trend:Decrease 23.45% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 70.63 (%).Trend:Increase 262.95% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 38.36 (%).Trend:Decrease 45.69% than previous quarter

Overall: increasing (97.12%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 14.8 (%).Trend:Increase 18.12% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 16.62 (%).Trend:Increase 12.3% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 19.35 (%).Trend:Increase 16.43% than previous quarter

Overall: increasing (30.74%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 6.33 (USD).Trend:Increase 72.48% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.86 (USD).Trend:Decrease 70.62% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.96 (USD).Trend:Increase 166.67% than previous quarter

Overall: decreasing (-21.64%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 demonstrate significant fluctuations. Liabilities on revenue and current assets on revenue both show increasing trends, though with high variation. Cost efficiency (ratio of retained earnings to revenue) also shows an overall increase.  Investment efficiency displays a neutral pattern with continued moderate positive growth. Earnings per share show a negative overall trend though still with significant fluctuations.