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 49.8 (%).Trend:Increase 32.59% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 78.58 (%).Trend:Increase 57.79% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 46.31 (%).Trend:Decrease 41.07% than previous quarter

Overall: decreasing (-7.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 109.99 (%).Trend:Decrease 17.47% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 220.21 (%).Trend:Increase 100.21% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 116.46 (%).Trend:Decrease 47.11% than previous quarter

Overall: increasing (5.88%). 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 95.73 (%).Trend:Decrease 39.28% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 228.4 (%).Trend:Increase 138.59% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 108.05 (%).Trend:Decrease 52.69% than previous quarter

Overall: increasing (12.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.0 (%).Trend:Decrease 11.89% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.89 (%).Trend:Decrease 11.1% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.52 (%).Trend:Decrease 4.16% than previous quarter

Overall: decreasing (-14.8%). 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 37.71 (%).Trend:Decrease 12.1% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 40.62 (%).Trend:Increase 7.72% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.96 (%).Trend:Decrease 4.09% than previous quarter

Overall: increasing (3.31%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.07 (USD).Trend:Increase 17.58% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 86.92% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.02 (USD).Trend:Decrease 85.71% than previous quarter

Overall: increasing (-98.13%). Fluctuation: **Significant** (high variation).



Working capital efficiency, in the period Q3 2022 to Q2 2023, demonstrates significant volatility. Liabilities on revenue fluctuate, increasing and then decreasing sharply in Q2 2023. Current assets on revenue also show significant fluctuations. Cost efficiency shows a decreasing trend in the SG&A expense ratio. The ratio of retained earnings to revenue increases significantly before decreasing. Investment efficiency displays a modest increase and little variation in retained earnings on assets. Earnings per share fluctuate dramatically, increasing and then decreasing in the given period.