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 29.43 (%).Trend:Decrease 30.46% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 90.17 (%).Trend:Increase 206.39% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.85 (%).Trend:Decrease 45.82% than previous quarter

Overall: increasing (65.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 28.55 (%).Trend:Decrease 38.39% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 67.75 (%).Trend:Increase 137.3% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 33.23 (%).Trend:Decrease 50.95% than previous quarter

Overall: increasing (16.39%). 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 115.56 (%).Trend:Decrease 35.91% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 341.57 (%).Trend:Increase 195.58% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 173.61 (%).Trend:Decrease 49.17% than previous quarter

Overall: increasing (50.23%). 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 27.95 (%).Trend:Decrease 1.1% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 27.31 (%).Trend:Decrease 2.29% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.03 (%).Trend:Decrease 1.03% than previous quarter

Overall: decreasing (-3.29%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 10.49 (USD).Trend:Increase 64.16% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.04 (USD).Trend:Decrease 80.55% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.61 (USD).Trend:Increase 76.96% than previous quarter

Overall: decreasing (-65.59%). Fluctuation: **Significant** (high variation).



Financial performance demonstrates substantial volatility across key metrics from Q3 2022 to Q2 2023.  Working capital efficiency, liabilities on revenue, and current assets on revenue all exhibited significant swings. Cost efficiency, as measured by the retained earnings-to-revenue ratio, showed a similar pattern of significant fluctuation.  Conversely, investment efficiency, as measured by retained earnings on assets, exhibited a stable, though negative, trend.  Earnings per share also showed significant volatility.  The analysis reveals high variability in key financial indicators, indicating a need for further investigation into underlying factors driving these changes.