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 24.12 (%).Trend:Decrease 40.61% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 74.5 (%).Trend:Increase 208.87% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 37.54 (%).Trend:Decrease 49.61% than previous quarter

Overall: increasing (55.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.9 (%).Trend:Decrease 36.22% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 177.57 (%).Trend:Increase 229.44% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 92.15 (%).Trend:Decrease 48.1% than previous quarter

Overall: increasing (70.96%). 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 22.0 (%).Trend:Decrease 28.43% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 68.45 (%).Trend:Increase 211.14% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 43.02 (%).Trend:Decrease 37.15% than previous quarter

Overall: increasing (95.55%). 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 13.97 (%).Trend:Increase 11.14% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 14.8 (%).Trend:Increase 5.94% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 18.32 (%).Trend:Increase 23.78% than previous quarter

Overall: increasing (31.14%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial performance from Q3 2022 to Q2 2023 shows a pattern of significant variation across key metrics. Working capital efficiency, as reflected in liabilities and current assets on revenue, displays a fluctuating, increasing trend, indicating instability.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows a substantial, but highly variable, upward trend. Investment efficiency, represented by retained earnings on assets, is increasing with a moderate variation.  The data strongly suggests a period of significant change and requires further investigation into the underlying factors driving these fluctuations.