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 42.02 (%).Trend:Decrease 22.76% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 73.07 (%).Trend:Increase 73.89% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 25.09 (%).Trend:Decrease 65.66% than previous quarter

Overall: decreasing (-40.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 75.23 (%).Trend:Decrease 27.66% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 155.49 (%).Trend:Increase 106.69% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 72.48 (%).Trend:Decrease 53.39% than previous quarter

Overall: decreasing (-3.66%). 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 22.53 (%).Trend:Decrease 31.48% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 60.87 (%).Trend:Increase 170.17% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 35.66 (%).Trend:Decrease 41.42% than previous quarter

Overall: increasing (58.28%). 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 26.12 (%).Trend:Decrease 3.58% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 34.15 (%).Trend:Increase 30.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 42.39 (%).Trend:Increase 24.13% than previous quarter

Overall: increasing (62.29%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.82 (USD).Trend:Increase 113.64% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.51 (USD).Trend:Increase 24.47% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.84 (USD).Trend:Increase 94.87% than previous quarter

Overall: increasing (142.55%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q2 2023 reveal a mixed picture.  Liabilities on revenue show a decrease from Q3 2022 to Q2 2023, however, there is a substantial increase in Q1 2023.  Current assets on revenue also demonstrate a volatile pattern.  Cost efficiency, measured by the ratio of retained earnings to revenue, is increasing overall, though with substantial fluctuations in Q1 2023 and Q2 2023.  Investment efficiency shows a modest upward trend.  Earnings per share show consistent substantial growth throughout the period. The overall financial picture is dynamic, characterized by fluctuating profitability and working capital management.