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 61.63 (%).Trend:Decrease 39.22% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 236.92 (%).Trend:Increase 284.42% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 97.7 (%).Trend:Decrease 58.76% than previous quarter

Overall: increasing (58.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 50.96 (%).Trend:Decrease 37.43% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 198.68 (%).Trend:Increase 289.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 84.34 (%).Trend:Decrease 57.55% than previous quarter

Overall: increasing (65.5%). 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 43.97 (%).Trend:Decrease 29.68% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 150.04 (%).Trend:Increase 241.23% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 70.55 (%).Trend:Decrease 52.98% than previous quarter

Overall: increasing (60.45%). 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 30.12 (%).Trend:Increase 8.42% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 28.72 (%).Trend:Decrease 4.65% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 30.82 (%).Trend:Increase 7.31% than previous quarter

Overall: increasing (2.32%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency metrics show significant, volatile fluctuations. Liabilities on revenue increased sharply in Q1 2023 before declining in Q2 and Q3 2023. Current assets on revenue also showed a dramatic increase in Q1 2023, followed by decreases in Q2 and Q3 2023.  Similarly, the ratio of retained earnings to revenue saw substantial increases and decreases over the reporting period, highlighting significant instability.  In contrast, retained earnings on assets showed more moderate, increasing trends.