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 61.21 (%).Trend:Decrease 1.56% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 162.3 (%).Trend:Increase 165.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 57.96 (%).Trend:Decrease 64.29% than previous quarter

Overall: decreasing (-5.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 50.88 (%).Trend:Decrease 24.42% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 111.2 (%).Trend:Increase 118.55% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 41.16 (%).Trend:Decrease 62.99% than previous quarter

Overall: decreasing (-19.1%). 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 5.12 (%).Trend:Increase 106.45% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 5.03 (%).Trend:Decrease 1.76% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 9.65 (%).Trend:Increase 91.85% than previous quarter

Overall: increasing (88.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 2.18 (%).Trend:Increase 211.43% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 0.6 (%).Trend:Decrease 72.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 3.17 (%).Trend:Increase 428.33% than previous quarter

Overall: increasing (45.41%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.17 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.17 (USD).Trend:Decrease 200.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.18 (USD).Trend:Decrease 205.88% than previous quarter

Overall: increasing (5.88%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 shows significant fluctuation in working capital efficiency metrics. Liabilities on revenue decreased overall by 5.31%, but exhibited significant quarter-to-quarter volatility, increasing 165.15% in Q1 2023 before decreasing 64.29% in Q2. Current assets on revenue also decreased by 19.1% overall, exhibiting similar significant fluctuation patterns.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows an increasing trend (88.48%) with large quarterly variations. Invest efficiency, gauged by retained earnings on assets, also shows an increasing trend (45.41%) and high quarterly volatility. Earnings per share show an overall increasing trend (5.88%) with very high quarterly volatility, including negative values in Q1 2023.