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 44.41 (%).Trend:Decrease 21.54% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 97.57 (%).Trend:Increase 119.7% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 52.48 (%).Trend:Decrease 46.21% than previous quarter

Overall: increasing (18.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 87.02 (%).Trend:Decrease 30.83% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 212.94 (%).Trend:Increase 144.7% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 102.88 (%).Trend:Decrease 51.69% than previous quarter

Overall: increasing (18.23%). 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 54.76 (%).Trend:Decrease 30.62% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 171.1 (%).Trend:Increase 212.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 88.16 (%).Trend:Decrease 48.47% than previous quarter

Overall: increasing (60.99%). 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 31.46 (%).Trend:Increase 0.9% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 37.55 (%).Trend:Increase 19.36% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.89 (%).Trend:Increase 3.57% than previous quarter

Overall: increasing (23.62%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.33 (USD).Trend:Increase 55.76% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.46 (USD).Trend:Decrease 66.28% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.85 (USD).Trend:Increase 95.21% than previous quarter

Overall: decreasing (-34.18%). Fluctuation: **Significant** (high variation).



The financial statements reveal significant fluctuations across various key performance indicators. Working capital efficiency shows sizable changes in both liabilities and current assets on revenue.  Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibits considerable volatility.  Investment efficiency shows a more stable increase in retained earnings on assets, while earnings per share demonstrate a substantial decrease, albeit with substantial quarter-to-quarter variation.