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 22.2 (%).Trend:Decrease 30.41% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 99.16 (%).Trend:Increase 346.67% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 55.9 (%).Trend:Decrease 43.63% than previous quarter

Overall: increasing (151.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 13.64 (%).Trend:Decrease 41.61% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 60.99 (%).Trend:Increase 347.14% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 24.17 (%).Trend:Decrease 60.37% than previous quarter

Overall: increasing (77.2%). 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 2.58 (%).Trend:Decrease 128.96% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 50.84 (%).Trend:Increase 1870.54% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 36.12 (%).Trend:Decrease 28.95% than previous quarter

Overall: increasing (1300.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.44 (%).Trend:Decrease 1.37% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.1 (%).Trend:Increase 45.83% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.03 (%).Trend:Decrease 3.33% than previous quarter

Overall: increasing (40.97%). 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 0.82 (%).Trend:Decrease 142.05% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 3.51 (%).Trend:Increase 328.05% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.97 (%).Trend:Increase 41.6% than previous quarter

Overall: increasing (506.1%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 18.99 (USD).Trend:Increase 54.39% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.88 (USD).Trend:Decrease 79.57% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.95 (USD).Trend:Increase 79.12% than previous quarter

Overall: decreasing (-63.4%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 reveal significant volatility in financial performance. Working capital efficiency, measured by liabilities and current assets on revenue, shows significant increases and decreases. Cost efficiency displays dramatic growth in the ratio of retained earnings to revenue, but with substantial quarter-to-quarter fluctuations. SG&A expense ratio shows a moderate increase.  Investment efficiency reveals significant increases, while earning per share shows volatile changes.