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 13.45 (%).Trend:Decrease 27.8% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 26.89 (%).Trend:Increase 99.93% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 13.46 (%).Trend:Decrease 49.94% than previous quarter

Overall: increasing (0.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 41.0 (%).Trend:Decrease 29.47% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 118.75 (%).Trend:Increase 189.63% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 60.2 (%).Trend:Decrease 49.31% than previous quarter

Overall: increasing (46.83%). 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 20.6 (%).Trend:Decrease 18.12% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 83.17 (%).Trend:Increase 303.74% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 46.18 (%).Trend:Decrease 44.48% than previous quarter

Overall: increasing (124.17%). 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 8.71 (%).Trend:Increase 25.14% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 11.96 (%).Trend:Increase 37.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 13.21 (%).Trend:Increase 10.45% than previous quarter

Overall: increasing (51.66%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.8 (USD).Trend:Increase 95.12% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.36 (USD).Trend:Decrease 55.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.62 (USD).Trend:Increase 72.22% than previous quarter

Overall: decreasing (-22.5%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 shows significant fluctuations. Liabilities on revenue show a mixed pattern, decreasing initially, and then increasing before decreasing again. Current assets on revenue also show a mixed trend, decreasing, increasing, and then decreasing again. Cost efficiency, as measured by the retained earnings ratio, increases substantially overall.  Investment efficiency shows a consistent moderate increase. Earnings per share, however, display a slight overall decline despite fluctuations.