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 32.61 (%).Trend:Decrease 28.16% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 87.47 (%).Trend:Increase 168.23% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.25 (%).Trend:Decrease 50.55% than previous quarter

Overall: increasing (32.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 42.57 (%).Trend:Decrease 36.39% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 114.85 (%).Trend:Increase 169.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 56.7 (%).Trend:Decrease 50.63% than previous quarter

Overall: increasing (33.19%). 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 54.24 (%).Trend:Decrease 31.7% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 165.46 (%).Trend:Increase 205.05% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 78.62 (%).Trend:Decrease 52.48% than previous quarter

Overall: increasing (44.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.98 (%).Trend:Increase 0.71% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.34 (%).Trend:Increase 9.84% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.31 (%).Trend:Decrease 3.91% than previous quarter

Overall: increasing (5.55%). 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 44.85 (%).Trend:Increase 1.38% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 47.79 (%).Trend:Increase 6.56% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 48.1 (%).Trend:Increase 0.65% than previous quarter

Overall: increasing (7.25%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.75 (USD).Trend:Increase 49.46% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 88.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.97 (USD).Trend:Increase 193.94% than previous quarter

Overall: decreasing (-64.73%). Fluctuation: **Significant** (high variation).



The analysis of Q3 2022-Q2 2023 data reveals significant fluctuations in key ratios. Liabilities and current assets on revenue showed overall increases, despite substantial quarter-to-quarter variations.  Ratio of retained earnings to revenue also increased overall, but with high volatility.  SG&A expense ratio and retained earnings on assets exhibited smaller increases with low variation. Earnings per share decreased significantly, showing major fluctuations.  Data errors and outliers were excluded.