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 17.37 (%).Trend:Decrease 30.1% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 45.81 (%).Trend:Increase 163.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 22.16 (%).Trend:Decrease 51.63% than previous quarter

Overall: increasing (27.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 33.52 (%).Trend:Decrease 33.85% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 101.79 (%).Trend:Increase 203.67% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 49.26 (%).Trend:Decrease 51.61% than previous quarter

Overall: increasing (46.96%). 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 34.52 (%).Trend:Decrease 30.3% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 128.55 (%).Trend:Increase 272.39% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 66.4 (%).Trend:Decrease 48.35% than previous quarter

Overall: increasing (92.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.6 (%).Trend:Decrease 3.9% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.03 (%).Trend:Increase 46.15% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.97 (%).Trend:Decrease 14.68% than previous quarter

Overall: increasing (24.69%). Fluctuation: **Neutral** (moderate 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 42.42 (%).Trend:Increase 7.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 40.71 (%).Trend:Decrease 4.03% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 43.25 (%).Trend:Increase 6.24% than previous quarter

Overall: increasing (1.96%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.92 (USD).Trend:Increase 68.42% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 96.88% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 1083.33% than previous quarter

Overall: decreasing (-63.02%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 reveal significant volatility across key metrics. Liabilities on revenue declined in Q3 2022, spiked in Q1 2023, and then decreased again in Q2 2023.  Current assets on revenue followed a similar trend, with a large increase in Q1 2023, followed by a decrease in the subsequent periods.  The ratio of retained earnings to revenue saw a dramatic rise in Q1 2023, then decreased in Q2 2023. SG&A expense ratio showed a neutral pattern. Investment efficiency (retained earnings on assets) displayed a steady, small increase. Earnings per share showed a large fluctuation with a massive decrease, then increase, and then a further increase, suggesting high short-term variability.