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 9.58 (%).Trend:Decrease 31.47% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 21.81 (%).Trend:Increase 127.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 12.85 (%).Trend:Decrease 41.08% than previous quarter

Overall: increasing (34.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 15.63 (%).Trend:Decrease 29.78% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 36.76 (%).Trend:Increase 135.19% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 20.79 (%).Trend:Decrease 43.44% than previous quarter

Overall: increasing (33.01%). 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 4.11 (%).Trend:Decrease 30.92% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 10.27 (%).Trend:Increase 149.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 5.95 (%).Trend:Decrease 42.06% than previous quarter

Overall: increasing (44.77%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.92 (%).Trend:Decrease 1.26% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.38 (%).Trend:Decrease 3.62% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.12 (%).Trend:Decrease 1.81% than previous quarter

Overall: decreasing (-5.36%). 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 12.89 (%).Trend:Decrease 0.15% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 13.01 (%).Trend:Increase 0.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 13.35 (%).Trend:Increase 2.61% than previous quarter

Overall: increasing (3.57%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.96 (USD).Trend:Increase 39.13% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 65.62% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.9 (USD).Trend:Increase 172.73% than previous quarter

Overall: decreasing (-6.25%). Fluctuation: **Significant** (high variation).



Working capital efficiency is highly variable.  Liabilities on revenue decreased to 9.58% in Q3 2022 then increased again in Q1 2023, and then decreased further in Q2 2023.  Current assets on revenue have a similarly volatile trend.  Cost efficiency demonstrates significant fluctuation with the ratio of retained earnings to revenue experiencing significant variations and the SG&A expense ratio showing a downward trend. Investment efficiency shows modest growth in retained earnings on assets. Earnings per share exhibits significant volatility, with a decrease in Q1 2023 and then an increase in Q2 2023 followed by further growth.