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 29.63 (%).Trend:Decrease 43.95% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 96.37 (%).Trend:Increase 225.24% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.05 (%).Trend:Decrease 50.14% than previous quarter

Overall: increasing (62.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 36.1 (%).Trend:Decrease 42.39% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 119.06 (%).Trend:Increase 229.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 58.19 (%).Trend:Decrease 51.13% than previous quarter

Overall: increasing (61.19%). 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 25.89 (%).Trend:Decrease 29.97% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 83.04 (%).Trend:Increase 220.74% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 40.99 (%).Trend:Decrease 50.64% than previous quarter

Overall: increasing (58.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.75 (%).Trend:Increase 0.55% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.68 (%).Trend:Increase 6.31% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.61 (%).Trend:Decrease 0.45% than previous quarter

Overall: increasing (5.83%). Fluctuation: **Little** (low 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 45.44 (%).Trend:Increase 15.71% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 44.39 (%).Trend:Decrease 2.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 44.41 (%).Trend:Increase 0.05% than previous quarter

Overall: decreasing (-2.27%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 6.18 (USD).Trend:Increase 53.73% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.53 (USD).Trend:Decrease 75.24% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.84 (USD).Trend:Increase 85.62% than previous quarter

Overall: decreasing (-54.05%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q2 2023 indicate substantial quarter-to-quarter variations in various financial metrics.  Working capital efficiency, as measured by liabilities and current assets on revenue, exhibits significant volatility, increasing overall but with high variability.  Cost efficiency, particularly the ratio of retained earnings to revenue, shows similar volatile patterns. The selling, general, and administrative (SG&A) expense ratio displays a more stable, gradual increase. Investment efficiency (retained earnings on assets) shows a slight, albeit low, fluctuation, decreasing overall. Earnings per share shows a considerable decline, with sharp changes in values throughout the period.  Significant volatility in most key metrics necessitates further investigation into the underlying drivers.