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 27.98 (%).Trend:Decrease 35.91% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 89.27 (%).Trend:Increase 219.05% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.91 (%).Trend:Decrease 53.05% than previous quarter

Overall: increasing (49.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 43.93 (%).Trend:Decrease 36.26% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 139.33 (%).Trend:Increase 217.16% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.75 (%).Trend:Decrease 52.81% than previous quarter

Overall: increasing (49.67%). 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 20.03 (%).Trend:Decrease 34.93% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 66.97 (%).Trend:Increase 234.35% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 29.16 (%).Trend:Decrease 56.46% than previous quarter

Overall: increasing (45.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 43.86 (%).Trend:Decrease 2.49% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 46.76 (%).Trend:Increase 6.61% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 46.26 (%).Trend:Decrease 1.07% than previous quarter

Overall: increasing (5.47%). 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 20.99 (%).Trend:Increase 3.4% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 22.52 (%).Trend:Increase 7.29% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 20.53 (%).Trend:Decrease 8.84% than previous quarter

Overall: decreasing (-2.19%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.68 (USD).Trend:Increase 166.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 89.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.98 (USD).Trend:Increase 157.89% than previous quarter

Overall: decreasing (-73.37%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 shows substantial volatility.  Working capital efficiency (liabilities and current assets on revenue) demonstrates an increase with significant quarter-to-quarter shifts. Cost efficiency, specifically the retained earnings-to-revenue ratio, reveals a pattern of significant fluctuations. Selling, General, and Administrative (SG&A) expense ratios show a moderate upward trend. Investment efficiency demonstrates stable increases in retained earnings on assets.  Earnings per share exhibit considerable volatility, including a significant decrease in Q1 2023.