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 30.5 (%).Trend:Decrease 29.56% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 93.94 (%).Trend:Increase 208.0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.02 (%).Trend:Decrease 54.2% than previous quarter

Overall: increasing (41.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 66.35 (%).Trend:Decrease 33.11% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 204.16 (%).Trend:Increase 207.7% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 98.38 (%).Trend:Decrease 51.81% than previous quarter

Overall: increasing (48.27%). 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 140.08 (%).Trend:Decrease 33.15% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 424.83 (%).Trend:Increase 203.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 213.64 (%).Trend:Decrease 49.71% than previous quarter

Overall: increasing (52.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.88 (%).Trend:Decrease 2.09% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.58 (%).Trend:Increase 7.88% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.48 (%).Trend:Decrease 1.04% than previous quarter

Overall: increasing (6.76%). 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 66.91 (%).Trend:Increase 1.0% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 67.23 (%).Trend:Increase 0.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 68.8 (%).Trend:Increase 2.34% than previous quarter

Overall: increasing (2.82%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.12 (USD).Trend:Increase 15.56% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.14 (USD).Trend:Decrease 63.46% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.96 (USD).Trend:Increase 71.93% than previous quarter

Overall: decreasing (-37.18%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased dramatically in Q1 2023, then decreased substantially in Q2 and Q3 2023. Current assets on revenue also exhibited large swings, increasing sharply in Q1 2023 before declining in the subsequent quarters.  Cost efficiency, measured by the ratio of retained earnings to revenue, showed similar significant volatility, increasing substantially in Q1 2023, then decreasing in subsequent periods.  SG&A expense ratio saw slight increases and decreases, indicating more stable cost efficiency.  Investment efficiency, as measured by retained earnings on assets, exhibited little fluctuation, consistently increasing. Earnings per share saw significant drops and rises, showing high volatility.