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 21.88 (%).Trend:Decrease 40.17% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 77.81 (%).Trend:Increase 255.62% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.35 (%).Trend:Decrease 49.43% than previous quarter

Overall: increasing (79.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 30.88 (%).Trend:Decrease 41.2% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 124.61 (%).Trend:Increase 303.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 61.97 (%).Trend:Decrease 50.27% than previous quarter

Overall: increasing (100.68%). 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 27.77 (%).Trend:Decrease 20.25% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 127.67 (%).Trend:Increase 359.74% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 69.8 (%).Trend:Decrease 45.33% than previous quarter

Overall: increasing (151.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.0 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.06 (%).Trend:Increase 51.5% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.01 (%).Trend:Decrease 0.83% than previous quarter

Overall: increasing (50.25%). Fluctuation: **Neutral** (moderate 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 25.0 (%).Trend:Increase 22.67% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 29.04 (%).Trend:Increase 16.16% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 31.13 (%).Trend:Increase 7.2% than previous quarter

Overall: increasing (24.52%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 7.62 (USD).Trend:Increase 41.9% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.19 (USD).Trend:Decrease 84.38% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.35 (USD).Trend:Increase 97.48% than previous quarter

Overall: decreasing (-69.16%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 shows significant fluctuations.  Working capital efficiency, current assets on revenue, and the ratio of retained earnings to revenue all exhibit substantial increases and decreases quarter-to-quarter.  While selling, general, and administrative (SG&A) expense ratio and retained earnings on assets show increases, the overall trend is still marked by significant volatility.  Earnings per share show a significant overall decrease with considerable quarter-to-quarter changes.  This highlights the need for cautious analysis and potentially deeper investigation into the underlying causes of these sharp fluctuations.