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 18.27 (%).Trend:Decrease 31.37% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 55.34 (%).Trend:Increase 202.9% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 27.08 (%).Trend:Decrease 51.07% than previous quarter

Overall: increasing (48.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 25.23 (%).Trend:Decrease 39.12% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 93.06 (%).Trend:Increase 268.85% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 45.15 (%).Trend:Decrease 51.48% than previous quarter

Overall: increasing (78.95%). 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 41.98 (%).Trend:Decrease 29.82% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 159.98 (%).Trend:Increase 281.09% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 86.19 (%).Trend:Decrease 46.12% than previous quarter

Overall: increasing (105.31%). 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 61.84 (%).Trend:Increase 2.59% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 63.83 (%).Trend:Increase 3.22% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 67.49 (%).Trend:Increase 5.73% than previous quarter

Overall: increasing (9.14%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 8.29 (USD).Trend:Increase 46.47% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.9 (USD).Trend:Decrease 77.08% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.35 (USD).Trend:Increase 76.32% than previous quarter

Overall: decreasing (-59.59%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 reveal significant volatility. Working capital, represented by liabilities and current assets on revenue, fluctuates substantially. Cost efficiency, as measured by the ratio of retained earnings to revenue, also displays erratic trends. Investment efficiency demonstrates a relatively stable increase in retained earnings on assets. Earnings per share, however, exhibit substantial fluctuation, decreasing sharply in Q1 2023 and recovering somewhat in Q2. Overall, the performance shows a high degree of inconsistency across key financial metrics.