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 21.14 (%).Trend:Decrease 34.65% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 59.73 (%).Trend:Increase 182.54% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 27.73 (%).Trend:Decrease 53.57% than previous quarter

Overall: increasing (31.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 31.02 (%).Trend:Decrease 33.77% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 100.55 (%).Trend:Increase 224.15% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 38.76 (%).Trend:Decrease 61.45% than previous quarter

Overall: increasing (24.95%). 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 28.83 (%).Trend:Decrease 34.83% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 83.89 (%).Trend:Increase 190.98% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 43.26 (%).Trend:Decrease 48.43% than previous quarter

Overall: increasing (50.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.22 (%).Trend:Increase 2.65% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.72 (%).Trend:Increase 4.46% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.76 (%).Trend:Increase 0.34% than previous quarter

Overall: increasing (4.81%). 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 24.54 (%).Trend:Decrease 2.15% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 24.75 (%).Trend:Increase 0.86% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.25 (%).Trend:Increase 10.1% than previous quarter

Overall: increasing (11.04%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q3 2022 to Q2 2023 show notable fluctuations in working capital and cost efficiency. Liabilities on revenue show significant variation, decreasing substantially before increasing greatly.  Current assets on revenue follow a similar pattern of decrease then increase, showcasing a high degree of volatility.  Cost efficiency, indicated by the retained earnings-to-revenue ratio, demonstrates considerable changes, with considerable increases and decreases. Selling, general, and administrative (SG&A) expense ratios show a slow but steady upward trend. Investment efficiency, with retained earnings on assets, displays a slight but consistent upward trend.