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 33.0 (%).Trend:Decrease 41.6% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 89.7 (%).Trend:Increase 171.82% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 49.43 (%).Trend:Decrease 44.89% than previous quarter

Overall: increasing (49.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 46.55 (%).Trend:Decrease 34.74% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 118.4 (%).Trend:Increase 154.35% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 59.15 (%).Trend:Decrease 50.04% than previous quarter

Overall: increasing (27.07%). 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 34.24 (%).Trend:Decrease 29.23% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 110.69 (%).Trend:Increase 223.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 58.17 (%).Trend:Decrease 47.45% than previous quarter

Overall: increasing (69.89%). 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 25.94 (%).Trend:Increase 6.27% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 28.65 (%).Trend:Increase 10.45% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.35 (%).Trend:Increase 2.44% than previous quarter

Overall: increasing (13.15%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.17 (USD).Trend:Increase 49.66% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 69.12% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.35 (USD).Trend:Increase 101.49% than previous quarter

Overall: decreasing (-37.79%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show considerable volatility. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all initially decreased, then significantly increased in Q1 2023, before declining again in Q2 2023. Investment efficiency displays relatively low fluctuation, while earnings per share displays a substantial decrease in Q1 2023, followed by a significant increase in Q2 2023.