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 61.21 (%).Trend:Decrease 1.56% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 162.3 (%).Trend:Increase 165.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 57.96 (%).Trend:Decrease 64.29% than previous quarter

Overall: decreasing (-5.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 50.88 (%).Trend:Decrease 24.42% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 111.2 (%).Trend:Increase 118.55% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 41.16 (%).Trend:Decrease 62.99% than previous quarter

Overall: decreasing (-19.1%). 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 5.12 (%).Trend:Increase 106.45% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 5.03 (%).Trend:Decrease 1.76% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 9.65 (%).Trend:Increase 91.85% than previous quarter

Overall: increasing (88.48%). 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 2.18 (%).Trend:Increase 211.43% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 0.6 (%).Trend:Decrease 72.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 3.17 (%).Trend:Increase 428.33% than previous quarter

Overall: increasing (45.41%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.17 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.17 (USD).Trend:Decrease 200.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.18 (USD).Trend:Decrease 205.88% than previous quarter

Overall: increasing (5.88%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 reveals significant volatility across key metrics.  Working capital efficiency indicators, specifically liabilities and current assets as a percentage of revenue, show a decreasing trend, though with substantial fluctuations. Cost efficiency, as measured by the ratio of retained earnings to revenue, demonstrates an overall upward trend, but with considerable quarter-to-quarter variance.  Investment efficiency, reflected in retained earnings on assets, also shows an increasing trend, but with substantial fluctuations. Earnings per share indicate an overall upward trend, but include significant fluctuations, with negative values observed in Q1 2023.