Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 409.94 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 750.48 (%).Trend:Increase 83.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 363.35 (%).Trend:Decrease 51.58% than previous quarter

Overall: decreasing (-11.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.45 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.77 (%).Trend:Increase 9.28% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.61 (%).Trend:Decrease 4.24% than previous quarter

Overall: increasing (4.64%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 24.1 (%).Trend:Decrease 2.03% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 22.94 (%).Trend:Decrease 4.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 22.3 (%).Trend:Decrease 2.79% than previous quarter

Overall: decreasing (-7.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.34 (USD).Trend:Increase 142.86% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.05 (USD).Trend:Decrease 85.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.26 (USD).Trend:Increase 420.0% than previous quarter

Overall: decreasing (-23.53%). Fluctuation: **Significant** (high variation).



Financial analysis of three quarters (Q2 2022 to Q2 2023) shows significant fluctuations in key financial metrics. The ratio of retained earnings to revenue displays substantial volatility, with marked fluctuations throughout the period. SG&A expense ratio exhibits less volatility, decreasing slightly. Investment efficiency, measured by retained earnings on assets, indicates a generally consistent downward trend with a little variation. Earnings per share exhibit a substantial decrease with considerable fluctuation across quarters.