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 18.56 (%).Trend:Decrease 32.34% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 62.2 (%).Trend:Increase 235.13% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.02 (%).Trend:Decrease 53.34% than previous quarter

Overall: increasing (56.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 24.46 (%).Trend:Decrease 28.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 82.91 (%).Trend:Increase 238.96% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 39.16 (%).Trend:Decrease 52.77% than previous quarter

Overall: increasing (60.1%). 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 25.84 (%).Trend:Decrease 27.21% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 104.61 (%).Trend:Increase 304.84% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 54.07 (%).Trend:Decrease 48.31% than previous quarter

Overall: increasing (109.25%). 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 43.21 (%).Trend:Increase 2.34% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 47.58 (%).Trend:Increase 10.11% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 49.48 (%).Trend:Increase 3.99% than previous quarter

Overall: increasing (14.51%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 10.59 (USD).Trend:Increase 51.72% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.93 (USD).Trend:Decrease 72.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.62 (USD).Trend:Increase 57.68% than previous quarter

Overall: decreasing (-56.37%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show considerable fluctuations in working capital metrics. Liabilities and current assets on revenue both increased, but with major quarter-to-quarter changes. Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibited a notable rise (109.25%) but substantial volatility. Investment efficiency demonstrated a moderate increase (14.51%) with little variation. Earnings per share declined substantially (-56.37%) with significant swings.