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 28.5 (%).Trend:Decrease 31.46% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 81.85 (%).Trend:Increase 187.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 40.35 (%).Trend:Decrease 50.7% than previous quarter

Overall: increasing (41.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.5 (%).Trend:Decrease 36.56% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 163.27 (%).Trend:Increase 205.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 83.2 (%).Trend:Decrease 49.04% than previous quarter

Overall: increasing (55.51%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.23 (%).Trend:Decrease 1.49% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.52 (%).Trend:Increase 1.9% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.38 (%).Trend:Decrease 0.9% than previous quarter

Overall: increasing (0.98%). 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
Earning Per Share
Year 2022 Quarter 3: Earning Per Share 8.18 (USD).Trend:Increase 46.07% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.39 (USD).Trend:Decrease 58.56% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.24 (USD).Trend:Increase 113.57% than previous quarter

Overall: decreasing (-11.49%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 reveals volatile working capital and investment efficiency. Liabilities on revenue increased significantly from Q3 to Q1 then decreased, followed by further decreases; current assets on revenue show a similar volatile trend.  Cost efficiency, as measured by the SG&A expense ratio, shows minimal fluctuation. Investment efficiency, as measured by earnings per share, is volatile; while increasing in Q3 2022 and Q2 2023, there was a significant decrease in Q1 2023.