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 42.99 (%).Trend:Decrease 29.42% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 251.52 (%).Trend:Increase 485.07% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 128.33 (%).Trend:Decrease 48.98% than previous quarter

Overall: increasing (198.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 162.25 (%).Trend:Decrease 43.56% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 508.08 (%).Trend:Increase 213.15% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 310.2 (%).Trend:Decrease 38.95% than previous quarter

Overall: increasing (91.19%). 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 18.53 (%).Trend:Decrease 14.41% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 71.27 (%).Trend:Increase 284.62% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 39.96 (%).Trend:Decrease 43.93% than previous quarter

Overall: increasing (115.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.53 (%).Trend:Decrease 5.04% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.73 (%).Trend:Increase 18.49% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.7 (%).Trend:Decrease 7.63% than previous quarter

Overall: increasing (9.45%). 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 7.92 (%).Trend:Increase 44.0% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 9.58 (%).Trend:Increase 20.96% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 9.45 (%).Trend:Decrease 1.36% than previous quarter

Overall: increasing (19.32%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.64 (USD).Trend:Increase 68.42% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 79.69% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.43 (USD).Trend:Increase 230.77% than previous quarter

Overall: decreasing (-32.81%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2022 to Q2 2023 reveals significant fluctuations in key metrics.  Liabilities on revenue increased 198.51%, current assets on revenue increased 91.19%, and the ratio of retained earnings to revenue rose 115.65%, all exhibiting substantial quarter-to-quarter variation.  Conversely, the SG&A expense ratio showed a modest 9.45% increase with little fluctuation, and retained earnings on assets increased 19.32% with minimal variation.  Earnings per share, however, declined by 32.81% with considerable volatility.