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 23.23 (%).Trend:Decrease 31.8% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 64.94 (%).Trend:Increase 179.55% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 31.6 (%).Trend:Decrease 51.34% than previous quarter

Overall: increasing (36.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 54.73 (%).Trend:Decrease 27.35% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 101.12 (%).Trend:Increase 84.76% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 51.8 (%).Trend:Decrease 48.77% than previous quarter

Overall: decreasing (-5.35%). 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 14.27 (%).Trend:Decrease 13.62% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 61.51 (%).Trend:Increase 331.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 33.4 (%).Trend:Decrease 45.7% than previous quarter

Overall: increasing (134.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.12 (%).Trend:Increase 0.8% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.67 (%).Trend:Increase 7.7% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.15 (%).Trend:Increase 2.22% than previous quarter

Overall: increasing (10.09%). 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 14.21 (%).Trend:Increase 23.67% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 24.66 (%).Trend:Increase 73.54% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.08 (%).Trend:Increase 9.81% than previous quarter

Overall: increasing (90.57%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q3 2022 to Q2 2023, liabilities on revenue increased significantly, while current assets on revenue decreased slightly with high fluctuation.  The ratio of retained earnings to revenue increased significantly, showing high variation.  The SG&A expense ratio increased slightly, with low variation.  Retained earnings on assets showed a significant increase.