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 18.16 (%).Trend:Decrease 22.39% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 46.22 (%).Trend:Increase 154.52% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.53 (%).Trend:Decrease 46.93% than previous quarter

Overall: increasing (35.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 25.8 (%).Trend:Decrease 25.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 79.75 (%).Trend:Increase 209.11% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 46.12 (%).Trend:Decrease 42.17% than previous quarter

Overall: increasing (78.76%). 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 7.22 (%).Trend:Increase 51.68% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 30.06 (%).Trend:Increase 316.34% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 21.49 (%).Trend:Decrease 28.51% than previous quarter

Overall: increasing (197.65%). 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 12.11 (%).Trend:Increase 126.78% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 18.08 (%).Trend:Increase 49.3% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.56 (%).Trend:Increase 30.31% than previous quarter

Overall: increasing (94.55%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.51 (USD).Trend:Increase 83.21% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 90.84% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.33 (USD).Trend:Increase 478.26% than previous quarter

Overall: decreasing (-47.01%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show significant fluctuations in key financial metrics. Working capital efficiency metrics (liabilities and current assets on revenue) both experienced increases, though with notable swings. Cost efficiency (retained earnings to revenue) exhibited a considerable increase overall but with significant volatility. Investment efficiency (retained earnings on assets) also displayed an increase. Earnings per share experienced a decrease overall, but with notable variations.