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 19.55 (%).Trend:Decrease 29.8% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 59.86 (%).Trend:Increase 206.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.0 (%).Trend:Decrease 49.88% than previous quarter

Overall: increasing (53.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 30.23 (%).Trend:Decrease 32.94% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 91.77 (%).Trend:Increase 203.57% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 51.51 (%).Trend:Decrease 43.87% than previous quarter

Overall: increasing (70.39%). 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 14.28 (%).Trend:Decrease 23.02% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 42.12 (%).Trend:Increase 194.96% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 21.42 (%).Trend:Decrease 49.15% than previous quarter

Overall: increasing (50.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.46 (%).Trend:Increase 1.17% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.21 (%).Trend:Decrease 7.23% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.33 (%).Trend:Increase 3.74% than previous quarter

Overall: decreasing (-3.76%). 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 20.98 (%).Trend:Increase 18.8% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 19.02 (%).Trend:Decrease 9.34% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 18.29 (%).Trend:Decrease 3.84% than previous quarter

Overall: decreasing (-12.82%). Fluctuation: **Little** (low variation).

Earning Per Share


Q3 2022 to Q2 2023 financial data shows mixed results.  Working capital efficiency saw significant increases in liabilities on revenue and current assets on revenue, but with substantial variation.  Cost efficiency reveals a significant increase in the ratio of retained earnings to revenue with substantial variation.  SG&A expense ratio remained relatively stable, showing little fluctuation.  Invest efficiency shows a moderate decrease in retained earnings on assets with little variation.