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 352.14 (%).Trend:Decrease 31.79% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 815.09 (%).Trend:Increase 131.47% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 392.77 (%).Trend:Decrease 51.81% than previous quarter

Overall: increasing (11.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 514.95 (%).Trend:Decrease 30.28% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1277.39 (%).Trend:Increase 148.06% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 624.56 (%).Trend:Decrease 51.11% than previous quarter

Overall: increasing (21.29%). 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 131.61 (%).Trend:Decrease 5.84% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 457.46 (%).Trend:Increase 247.59% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 257.67 (%).Trend:Decrease 43.67% than previous quarter

Overall: increasing (95.78%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.69 (%).Trend:Decrease 9.76% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.97 (%).Trend:Decrease 23.31% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.27 (%).Trend:Increase 0.94% than previous quarter

Overall: decreasing (-22.6%). Fluctuation: **Neutral** (moderate 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 12.36 (%).Trend:Increase 43.39% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 17.73 (%).Trend:Increase 43.45% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 19.98 (%).Trend:Increase 12.69% than previous quarter

Overall: increasing (61.65%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


From Q3 2022 to Q2 2023, Liabilities on Revenue and Current Assets on Revenue increased moderately, displaying significant fluctuation. The Ratio of Retained Earnings to Revenue also significantly increased, with high variation. The SG&A Expense Ratio decreased moderately, while Retained Earning on Assets increased moderately with low variation.