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 88.62 (%).Trend:Decrease 33.96% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 218.95 (%).Trend:Increase 147.07% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 108.7 (%).Trend:Decrease 50.35% than previous quarter

Overall: increasing (22.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 84.62 (%).Trend:Decrease 35.55% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 244.8 (%).Trend:Increase 189.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 130.04 (%).Trend:Decrease 46.88% than previous quarter

Overall: increasing (53.68%). 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 115.98 (%).Trend:Decrease 34.44% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 353.6 (%).Trend:Increase 204.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 182.25 (%).Trend:Decrease 48.46% than previous quarter

Overall: increasing (57.14%). 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 46.1 (%).Trend:Increase 0.13% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 48.7 (%).Trend:Increase 5.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 48.97 (%).Trend:Increase 0.55% than previous quarter

Overall: increasing (6.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.85 (USD).Trend:Increase 55.87% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.2 (USD).Trend:Decrease 68.83% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.55 (USD).Trend:Increase 112.5% than previous quarter

Overall: decreasing (-33.77%). Fluctuation: **Significant** (high variation).



Financial performance across three quarters reveals significant instability. Liabilities and current assets on revenue, as a percentage of revenue, demonstrated large swings. The ratio of retained earnings to revenue also saw marked fluctuations. Investment efficiency, however, displayed a steady increase in retained earnings as a percentage of assets.  Earnings per share experienced considerable variance.