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 73.33 (%).Trend:Decrease 31.74% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 252.38 (%).Trend:Increase 244.17% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 126.44 (%).Trend:Decrease 49.9% than previous quarter

Overall: increasing (72.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 95.55 (%).Trend:Decrease 32.05% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 322.55 (%).Trend:Increase 237.57% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 160.47 (%).Trend:Decrease 50.25% than previous quarter

Overall: increasing (67.94%). 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 19.18 (%).Trend:Decrease 30.93% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 56.58 (%).Trend:Increase 194.99% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 25.63 (%).Trend:Decrease 54.7% than previous quarter

Overall: increasing (33.63%). 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 9.94 (%).Trend:Increase 2.26% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 9.27 (%).Trend:Decrease 6.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 8.5 (%).Trend:Decrease 8.31% than previous quarter

Overall: decreasing (-14.49%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.4 (USD).Trend:Increase 66.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 102.5% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.35 (USD).Trend:Increase 3400.0% than previous quarter

Overall: decreasing (-187.5%). Fluctuation: **Significant** (high variation).



Working capital efficiency reveals significant fluctuations. Liabilities on revenue decreased in Q3 2022, sharply increased in Q1 2023, then decreased again in Q2 2023. Current assets on revenue followed a similar pattern of substantial growth and decline. Cost efficiency, as reflected in the ratio of retained earnings to revenue, demonstrates a substantial increase in Q1 2023, followed by a significant decrease in Q2 2023. Investment efficiency, as measured by retained earnings on assets, displays a slight but consistent downward trend. Earnings per share also show significant fluctuation, declining substantially overall.