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 29.81 (%).Trend:Decrease 33.68% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 96.94 (%).Trend:Increase 225.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.99 (%).Trend:Decrease 52.56% than previous quarter

Overall: increasing (54.28%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 33.12 (%).Trend:Decrease 30.81% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 108.17 (%).Trend:Increase 226.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 56.17 (%).Trend:Decrease 48.07% than previous quarter

Overall: increasing (69.6%). 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 14.1 (%).Trend:Decrease 24.27% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 54.23 (%).Trend:Increase 284.61% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 29.98 (%).Trend:Decrease 44.72% than previous quarter

Overall: increasing (112.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.35 (%).Trend:Decrease 0.64% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.09 (%).Trend:Increase 2.81% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.58 (%).Trend:Decrease 1.88% than previous quarter

Overall: increasing (0.87%). 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 19.09 (%).Trend:Increase 9.9% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 21.29 (%).Trend:Increase 11.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.73 (%).Trend:Increase 11.46% than previous quarter

Overall: increasing (24.31%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 11.27 (USD).Trend:Increase 50.27% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.38 (USD).Trend:Decrease 78.88% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.51 (USD).Trend:Increase 131.51% than previous quarter

Overall: decreasing (-51.11%). Fluctuation: **Significant** (high variation).



Q3 2022-Q2 2023 data shows significant fluctuations in working capital efficiency, with both Liabilities on Revenue and Current Assets on Revenue increasing overall.  Cost efficiency, as measured by the Ratio of Retained Earnings to Revenue, also increased significantly. SG&A Expense Ratio increased slightly.  Retained Earnings on Assets increased steadily. Earning Per Share decreased significantly, offsetting the positive trends in other metrics.