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 28.11 (%).Trend:Decrease 37.16% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 101.74 (%).Trend:Increase 261.94% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 52.14 (%).Trend:Decrease 48.75% than previous quarter

Overall: increasing (85.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 49.99 (%).Trend:Decrease 34.4% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 154.51 (%).Trend:Increase 209.08% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 76.23 (%).Trend:Decrease 50.66% than previous quarter

Overall: increasing (52.49%). 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 58.12 (%).Trend:Decrease 31.77% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 193.13 (%).Trend:Increase 232.3% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 102.54 (%).Trend:Decrease 46.91% than previous quarter

Overall: increasing (76.43%). 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 53.38 (%).Trend:Increase 0.51% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 51.44 (%).Trend:Decrease 3.63% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 51.94 (%).Trend:Increase 0.97% than previous quarter

Overall: decreasing (-2.7%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 5.98 (USD).Trend:Increase 41.04% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.71 (USD).Trend:Decrease 88.13% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.27 (USD).Trend:Increase 78.87% than previous quarter

Overall: decreasing (-78.76%). Fluctuation: **Significant** (high variation).



Analysis from Q3 2022 to Q2 2023 reveals significant fluctuations in working capital efficiency. Liabilities on revenue increased substantially in Q1 2023 before dropping significantly in Q2 2023. Current assets show a similar pattern of a large increase followed by a decrease in Q2 2023. Cost efficiency, as reflected in the retained earnings ratio, also exhibits high volatility, demonstrating substantial increases and decreases.  Invest Efficiency shows little fluctuation, with retained earnings on assets trending downward. Earnings per share reveal significant ups and downs with considerable variation across the period.