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 82.58 (%).Trend:Decrease 31.94% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 246.1 (%).Trend:Increase 198.01% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 119.02 (%).Trend:Decrease 51.64% than previous quarter

Overall: increasing (44.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 94.36 (%).Trend:Decrease 32.22% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 269.69 (%).Trend:Increase 185.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 137.1 (%).Trend:Decrease 49.16% than previous quarter

Overall: increasing (45.29%). 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 46.0 (%).Trend:Decrease 33.93% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 140.04 (%).Trend:Increase 204.43% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 68.7 (%).Trend:Decrease 50.94% than previous quarter

Overall: increasing (49.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.98 (%).Trend:Decrease 4.77% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.95 (%).Trend:Decrease 0.43% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.55 (%).Trend:Decrease 5.76% than previous quarter

Overall: decreasing (-6.16%). 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 18.39 (%).Trend:Increase 2.34% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 19.22 (%).Trend:Increase 4.51% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 19.4 (%).Trend:Increase 0.94% than previous quarter

Overall: increasing (5.49%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.76 (USD).Trend:Increase 89.64% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.7 (USD).Trend:Decrease 64.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.53 (USD).Trend:Increase 107.65% than previous quarter

Overall: decreasing (-25.84%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 exhibit significant volatility. Working capital efficiency, as indicated by liabilities and current assets relative to revenue, shows substantial fluctuations, both increases and decreases. Cost efficiency, as measured by the ratio of retained earnings to revenue, demonstrates similar large changes.  Selling, General, and Administrative (SG&A) expenses exhibit a gradual but slight downward trend, with little fluctuation. Investment efficiency, however, displays a steady upward trend in retained earnings on assets. Earnings per share also sees large swings in the period.