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 20.47 (%).Trend:Decrease 36.47% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 51.01 (%).Trend:Increase 149.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 25.15 (%).Trend:Decrease 50.7% than previous quarter

Overall: increasing (22.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 56.39 (%).Trend:Decrease 32.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 161.01 (%).Trend:Increase 185.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 82.14 (%).Trend:Decrease 48.98% than previous quarter

Overall: increasing (45.66%). 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 39.19 (%).Trend:Decrease 35.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 125.69 (%).Trend:Increase 220.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 68.27 (%).Trend:Decrease 45.68% than previous quarter

Overall: increasing (74.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.25 (%).Trend:Decrease 1.87% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.67 (%).Trend:Increase 8.0% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.57 (%).Trend:Decrease 1.76% than previous quarter

Overall: increasing (6.1%). 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 34.92 (%).Trend:Decrease 2.62% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 37.58 (%).Trend:Increase 7.62% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 40.04 (%).Trend:Increase 6.55% than previous quarter

Overall: increasing (14.66%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 18.6 (USD).Trend:Increase 51.47% than previous quarter
Year 2023 Quarter 1: Earning Per Share 10.09 (USD).Trend:Decrease 45.75% than previous quarter
Year 2023 Quarter 2: Earning Per Share 20.45 (USD).Trend:Increase 102.68% than previous quarter

Overall: increasing (9.95%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q2 2023 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue increased from Q3 2022 to Q1 2023 by 149.19% and then decreased by 50.7% in Q2 2023.  Current assets on revenue also fluctuated considerably, rising by 185.53% in Q1 2023 then decreasing by 48.98% in Q2 2023.  Cost efficiency metrics, like the ratio of retained earnings to revenue, show similarly high volatility, increasing sharply in Q1 2023 before dropping.  The SG&A expense ratio shows a more stable increase over the period. Investment efficiency, as measured by retained earnings on assets, displays a steady, modest increase. Earning per share saw substantial variation, rising then falling then rising again.  Overall, the data demonstrates significant variability across financial metrics.