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 32.08 (%).Trend:Decrease 38.84% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 110.59 (%).Trend:Increase 244.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 50.98 (%).Trend:Decrease 53.9% than previous quarter

Overall: increasing (58.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 87.34 (%).Trend:Decrease 37.54% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 253.03 (%).Trend:Increase 189.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 126.28 (%).Trend:Decrease 50.09% than previous quarter

Overall: increasing (44.58%). 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 228.66 (%).Trend:Decrease 36.11% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 698.95 (%).Trend:Increase 205.67% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 347.87 (%).Trend:Decrease 50.23% than previous quarter

Overall: increasing (52.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.68 (%).Trend:Increase 4.37% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.2 (%).Trend:Decrease 1.24% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 37.43 (%).Trend:Decrease 2.02% than previous quarter

Overall: decreasing (-3.23%). Fluctuation: **Little** (low 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 120.28 (%).Trend:Increase 3.21% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 125.8 (%).Trend:Increase 4.59% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 126.58 (%).Trend:Increase 0.62% than previous quarter

Overall: increasing (5.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.09 (USD).Trend:Increase 28.57% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.13 (USD).Trend:Increase 44.44% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.21 (USD).Trend:Increase 61.54% than previous quarter

Overall: increasing (133.33%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show significant fluctuations across key metrics.  Liabilities and current assets on revenue exhibit large changes, indicating volatility.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows substantial growth with significant variations.  SG&A expense ratios display little variation. Investment efficiency demonstrates consistent growth. Earnings per share demonstrate significant growth with large fluctuations across the period.