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 24.48 (%).Trend:Decrease 33.32% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 110.32 (%).Trend:Increase 350.65% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.97 (%).Trend:Decrease 61.05% than previous quarter

Overall: increasing (75.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 35.47 (%).Trend:Decrease 24.21% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 97.25 (%).Trend:Increase 174.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 37.96 (%).Trend:Decrease 60.97% than previous quarter

Overall: increasing (7.02%). 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 300.87 (%).Trend:Decrease 35.89% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 950.29 (%).Trend:Increase 215.85% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 505.7 (%).Trend:Decrease 46.78% than previous quarter

Overall: increasing (68.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.66 (%).Trend:Decrease 0.5% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.75 (%).Trend:Increase 4.61% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.8 (%).Trend:Increase 8.28% than previous quarter

Overall: increasing (13.27%). 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 224.91 (%).Trend:Increase 17.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 236.07 (%).Trend:Increase 4.96% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 236.68 (%).Trend:Increase 0.26% than previous quarter

Overall: increasing (5.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -3.12 (USD).Trend:Increase 1633.33% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.68 (USD).Trend:Decrease 46.15% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.91 (USD).Trend:Decrease 45.83% than previous quarter

Overall: increasing (-70.83%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities and retained earnings ratios to revenue increased significantly, while current assets on revenue showed a small increase. Both demonstrated high fluctuation.  The SG&A expense ratio increased slightly with little variation, and retained earnings on assets increased modestly. Earnings per share showed significant fluctuation and a large overall increase.