Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 49.21 (%).Trend:Decrease 54.28% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 90.24 (%).Trend:Increase 83.38% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.28 (%).Trend:Decrease 46.5% than previous quarter

Overall: decreasing (-1.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 72.92 (%).Trend:Decrease 52.89% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 133.8 (%).Trend:Increase 83.49% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 70.06 (%).Trend:Decrease 47.64% than previous quarter

Overall: decreasing (-3.92%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 42.58 (%).Trend:Decrease 53.78% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 67.29 (%).Trend:Increase 58.03% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 33.02 (%).Trend:Decrease 50.93% than previous quarter

Overall: decreasing (-22.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.37 (%).Trend:Decrease 9.9% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.21 (%).Trend:Decrease 2.51% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.13 (%).Trend:Decrease 1.29% than previous quarter

Overall: decreasing (-3.77%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 28.36 (%).Trend:Increase 1.94% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 24.01 (%).Trend:Decrease 15.34% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.69 (%).Trend:Decrease 1.33% than previous quarter

Overall: decreasing (-16.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.91 (USD).Trend:Decrease 3133.33% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.02 (USD).Trend:Decrease 97.8% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.76 (USD).Trend:Increase 3700.0% than previous quarter

Overall: decreasing (-16.48%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q2 2023 shows significant fluctuations in working capital efficiency. Liabilities on revenue and current assets on revenue both trended downward overall, but with high quarter-to-quarter variability.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows a significant downward trend with high variability. Conversely, SG&A expense ratio decreased consistently with little variation.  Investment efficiency, as measured by retained earnings on assets, displays a small decrease overall with little fluctuation. Earnings per share show high variability, decreasing overall but with massive fluctuations in particular quarters.