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 24.34 (%).Trend:Decrease 28.75% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 65.13 (%).Trend:Increase 167.58% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.88 (%).Trend:Decrease 55.66% than previous quarter

Overall: increasing (18.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 29.37 (%).Trend:Decrease 67.3% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 82.41 (%).Trend:Increase 180.59% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 37.6 (%).Trend:Decrease 54.37% than previous quarter

Overall: increasing (28.02%). 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 -2.61 (%).Trend:Decrease 64.63% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 3.91 (%).Trend:Decrease 249.81% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 4.44 (%).Trend:Increase 13.55% than previous quarter

Overall: increasing (-270.11%). 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 -1.24 (%).Trend:Decrease 32.97% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 0.64 (%).Trend:Decrease 151.61% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.45 (%).Trend:Increase 126.56% than previous quarter

Overall: increasing (-216.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.89 (USD).Trend:Increase 41.27% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.19 (USD).Trend:Decrease 78.65% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.39 (USD).Trend:Increase 105.26% than previous quarter

Overall: decreasing (-56.18%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show significant fluctuation. Liabilities on revenue experienced an increase, despite prior decreases, indicating significant volatility. Current assets on revenue also showed increases, though with considerable variability. The ratio of retained earnings to revenue exhibited a negative overall increase, suggesting a significant decline in this ratio. Investment efficiency showed a negative overall increase in retained earnings on assets. Earnings per share decreased across the three quarters. Further analysis is needed to understand the factors contributing to these fluctuations.