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 55.16 (%).Trend:Decrease 41.38% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 190.32 (%).Trend:Increase 245.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 87.89 (%).Trend:Decrease 53.82% than previous quarter

Overall: increasing (59.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 40.3 (%).Trend:Decrease 36.44% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 114.55 (%).Trend:Increase 184.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 54.55 (%).Trend:Decrease 52.38% than previous quarter

Overall: increasing (35.36%). 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 43.6 (%).Trend:Decrease 30.14% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 131.58 (%).Trend:Increase 201.79% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 64.13 (%).Trend:Decrease 51.26% than previous quarter

Overall: increasing (47.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.13 (%).Trend:Decrease 1.63% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.4 (%).Trend:Increase 1.49% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.19 (%).Trend:Decrease 1.14% than previous quarter

Overall: increasing (0.33%). 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 17.45 (%).Trend:Increase 6.14% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 17.85 (%).Trend:Increase 2.29% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 16.63 (%).Trend:Decrease 6.83% than previous quarter

Overall: decreasing (-4.7%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 13.0 (USD).Trend:Increase 58.92% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 84.62% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-84.62%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 showcase significant volatility. Working capital efficiency (liabilities and current assets on revenue) experiences increases and decreases but with an overall increase. Cost efficiency ratios (retained earnings-to-revenue and SG&A) show large fluctuations, increasing overall.  Investment efficiency trends downward slightly.  Earnings per share demonstrate large fluctuations with an overall decrease.