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 19.77 (%).Trend:Increase 3.29% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 187.57 (%).Trend:Increase 848.76% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.23 (%).Trend:Decrease 71.09% than previous quarter

Overall: increasing (174.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 26.85 (%).Trend:Decrease 38.99% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 192.48 (%).Trend:Increase 616.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 62.06 (%).Trend:Decrease 67.76% than previous quarter

Overall: increasing (131.14%). 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 122.61 (%).Trend:Decrease 19.59% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 490.87 (%).Trend:Increase 300.35% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 209.8 (%).Trend:Decrease 57.26% than previous quarter

Overall: increasing (71.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.64 (%).Trend:Increase 6.2% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.7 (%).Trend:Increase 34.88% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.98 (%).Trend:Decrease 4.59% than previous quarter

Overall: increasing (28.69%). Fluctuation: **Neutral** (moderate 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 133.1 (%).Trend:Increase 6.76% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 103.41 (%).Trend:Decrease 22.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 116.73 (%).Trend:Increase 12.88% than previous quarter

Overall: decreasing (-12.3%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.55 (USD).Trend:Increase 9.93% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 75.48% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.09 (USD).Trend:Increase 186.84% than previous quarter

Overall: decreasing (-29.68%). Fluctuation: **Significant** (high variation).



Financial data for Q3 2022 to Q2 2023 reveals high volatility in working capital efficiency, with liabilities on revenue increasing substantially (174.3%) then decreasing, and current assets also exhibiting extreme fluctuation (131.14%). Cost efficiency shows an overall increase (71.11%) in the ratio of retained earnings to revenue, but this too displays substantial variation. SG&A expense ratio shows a moderate increase (28.69%), while investment efficiency shows a decrease (-12.3%) in retained earnings on assets.  Earnings per share display significant fluctuations (decreasing then increasing in subsequent quarters).