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 54.46 (%).Trend:Decrease 36.66% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 173.29 (%).Trend:Increase 218.2% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 80.72 (%).Trend:Decrease 53.42% than previous quarter

Overall: increasing (48.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 83.24 (%).Trend:Decrease 35.15% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 279.0 (%).Trend:Increase 235.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 130.11 (%).Trend:Decrease 53.37% than previous quarter

Overall: increasing (56.31%). 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 80.38 (%).Trend:Decrease 33.94% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 248.52 (%).Trend:Increase 209.18% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 120.0 (%).Trend:Decrease 51.71% than previous quarter

Overall: increasing (49.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.85 (%).Trend:Decrease 5.66% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.71 (%).Trend:Increase 31.09% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.12 (%).Trend:Decrease 2.39% than previous quarter

Overall: increasing (27.96%). Fluctuation: **Neutral** (moderate 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 65.72 (%).Trend:Increase 2.67% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 64.59 (%).Trend:Decrease 1.72% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 66.06 (%).Trend:Increase 2.28% than previous quarter

Overall: increasing (0.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.58 (USD).Trend:Increase 5700.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -4.81 (USD).Trend:Decrease 929.31% than previous quarter
Year 2023 Quarter 2: Earning Per Share -5.61 (USD).Trend:Increase 16.63% than previous quarter

Overall: decreasing (-1067.24%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023, Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue all increased significantly then decreased, exhibiting substantial fluctuation. The SG&A Expense Ratio showed a moderate increase, while Retained Earning on Assets showed minimal change. Earning Per Share sharply decreased overall, demonstrating high volatility. Data encompasses three quarters.