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 57.63 (%).Trend:Increase 0.24% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 283.02 (%).Trend:Increase 391.1% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 125.77 (%).Trend:Decrease 55.56% than previous quarter

Overall: increasing (118.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 73.22 (%).Trend:Decrease 27.71% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 353.44 (%).Trend:Increase 382.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 154.13 (%).Trend:Decrease 56.39% than previous quarter

Overall: increasing (110.5%). 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 34.54 (%).Trend:Decrease 25.62% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 197.25 (%).Trend:Increase 471.08% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 90.44 (%).Trend:Decrease 54.15% than previous quarter

Overall: increasing (161.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.94 (%).Trend:Increase 7.15% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.24 (%).Trend:Increase 91.94% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.83 (%).Trend:Decrease 9.25% than previous quarter

Overall: increasing (74.18%). Fluctuation: **Significant** (high 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 16.97 (%).Trend:Increase 0.24% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 18.02 (%).Trend:Increase 6.19% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 17.79 (%).Trend:Decrease 1.28% than previous quarter

Overall: increasing (4.83%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.48 (USD).Trend:Increase 54.17% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.02 (USD).Trend:Decrease 98.65% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.14 (USD).Trend:Increase 600.0% than previous quarter

Overall: decreasing (-90.54%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 indicate substantial fluctuations. Liabilities on revenue and current assets on revenue show substantial increases followed by decreases in the latter half of the period.  Cost efficiency metrics, such as the retained earnings-to-revenue ratio and the SG&A expense ratio, display substantial growth but are followed by significant declines.  Investment efficiency (retained earnings on assets) trends upward but displays a modest increase, while earnings per share experience a notable decline followed by increases. The overall financial performance presents a complex picture marked by sharp variations.