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 23.74 (%).Trend:Decrease 26.14% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 70.99 (%).Trend:Increase 199.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.61 (%).Trend:Decrease 54.06% than previous quarter

Overall: increasing (37.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 40.86 (%).Trend:Decrease 28.38% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 140.76 (%).Trend:Increase 244.49% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 70.14 (%).Trend:Decrease 50.17% than previous quarter

Overall: increasing (71.66%). 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 -49.78 (%).Trend:Decrease 35.25% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -114.04 (%).Trend:Increase 129.09% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -51.71 (%).Trend:Decrease 54.66% than previous quarter

Overall: decreasing (3.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.26 (%).Trend:Decrease 1.31% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.74 (%).Trend:Increase 4.26% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.75 (%).Trend:Increase 0.09% than previous quarter

Overall: increasing (4.35%). 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 -22.23 (%).Trend:Decrease 2.24% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -17.48 (%).Trend:Decrease 21.37% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -16.23 (%).Trend:Decrease 7.15% than previous quarter

Overall: increasing (-26.99%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.02 (USD).Trend:Increase 55.21% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.85 (USD).Trend:Decrease 53.98% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.79 (USD).Trend:Increase 104.86% than previous quarter

Overall: decreasing (-5.72%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023, Liabilities on Revenue and Current Assets on Revenue increased significantly, showing high variation. The Ratio of Retained Earnings to Revenue decreased slightly, with high fluctuation, while the SG&A Expense Ratio increased slightly with low variation.  Retained Earnings on Assets showed an overall increase, while Earnings Per Share had a small overall decrease. Significant fluctuations were prevalent across many key metrics.