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 25.08 (%).Trend:Increase 10.34% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 63.67 (%).Trend:Increase 153.87% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.82 (%).Trend:Decrease 54.74% than previous quarter

Overall: increasing (14.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 48.03 (%).Trend:Decrease 36.86% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 80.02 (%).Trend:Increase 66.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 32.77 (%).Trend:Decrease 59.05% than previous quarter

Overall: decreasing (-31.77%). 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 31.92 (%).Trend:Decrease 30.85% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 99.34 (%).Trend:Increase 211.22% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 62.42 (%).Trend:Decrease 37.17% than previous quarter

Overall: increasing (95.55%). 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 18.38 (%).Trend:Decrease 15.8% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 28.0 (%).Trend:Increase 52.34% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 34.83 (%).Trend:Increase 24.39% than previous quarter

Overall: increasing (89.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.53 (USD).Trend:Increase 47.22% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 39.62% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.63 (USD).Trend:Increase 96.88% than previous quarter

Overall: increasing (18.87%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show considerable volatility in key financial indicators. Liabilities on revenue saw an overall increase (14.91%) but with substantial quarterly variations. Current assets on revenue decreased (-31.77%) despite fluctuations. Cost efficiency, indicated by retained earnings to revenue, increased significantly (95.55%), but with large quarterly swings.  Investment efficiency showed a general upward trend (89.5%), and earnings per share also increased (18.87%), though with considerable fluctuations. Overall, these statements indicate a dynamic financial performance with significant volatility.