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 25.06 (%).Trend:Decrease 36.84% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 71.03 (%).Trend:Increase 183.44% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.93 (%).Trend:Decrease 45.19% than previous quarter

Overall: increasing (55.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 19.61 (%).Trend:Decrease 49.54% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 55.91 (%).Trend:Increase 185.11% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 31.38 (%).Trend:Decrease 43.87% than previous quarter

Overall: increasing (60.02%). 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 31.15 (%).Trend:Decrease 29.35% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 108.09 (%).Trend:Increase 247.0% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 51.22 (%).Trend:Decrease 52.61% than previous quarter

Overall: increasing (64.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.1 (%).Trend:Decrease 1.51% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.85 (%).Trend:Decrease 0.83% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.55 (%).Trend:Increase 2.35% than previous quarter

Overall: increasing (1.5%). 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 30.0 (%).Trend:Increase 13.04% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 33.25 (%).Trend:Increase 10.83% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.14 (%).Trend:Decrease 12.36% than previous quarter

Overall: decreasing (-2.87%). Fluctuation: **Little** (low variation).

Earning Per Share


The provided data shows substantial volatility in working capital and cost efficiency ratios from Q3 2022 to Q2 2023. Liabilities on revenue and current assets on revenue both increased overall, but with significant quarter-to-quarter swings. Similarly, the ratio of retained earnings to revenue increased significantly, despite large fluctuations.  Conversely, SG&A expense showed only a minor increase, and retained earnings on assets slightly decreased with minimal variation.