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 71.61 (%).Trend:Decrease 53.87% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 305.89 (%).Trend:Increase 327.16% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 99.42 (%).Trend:Decrease 67.5% than previous quarter

Overall: increasing (38.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 65.38 (%).Trend:Decrease 47.46% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 257.27 (%).Trend:Increase 293.5% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 83.89 (%).Trend:Decrease 67.39% than previous quarter

Overall: increasing (28.31%). 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 126.87 (%).Trend:Decrease 44.75% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 595.96 (%).Trend:Increase 369.74% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 286.73 (%).Trend:Decrease 51.89% than previous quarter

Overall: increasing (126.0%). 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 26.37 (%).Trend:Increase 7.68% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 25.38 (%).Trend:Decrease 3.75% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.79 (%).Trend:Increase 1.62% than previous quarter

Overall: decreasing (-2.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.07 (USD).Trend:Increase 74.43% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.19 (USD).Trend:Decrease 93.81% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.63 (USD).Trend:Increase 231.58% than previous quarter

Overall: decreasing (-79.48%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show considerable volatility. Liabilities on revenue and current assets on revenue had large increases in Q1 2023 followed by decreases, resulting in overall increases. Cost efficiency, represented by the retained earnings-to-revenue ratio, also shows an overall increase with significant fluctuation.  Investment efficiency, measured by retained earnings on assets, experienced a slight overall decline.  Earnings per share (EPS) decreased substantially overall but shows a significant rise in Q2 2023.  The pronounced fluctuations underscore the need for a thorough analysis of the influencing factors.