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 24.92 (%).Trend:Decrease 29.94% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 75.52 (%).Trend:Increase 203.05% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 35.43 (%).Trend:Decrease 53.09% than previous quarter

Overall: increasing (42.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 49.04 (%).Trend:Decrease 37.27% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 156.01 (%).Trend:Increase 218.13% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 77.71 (%).Trend:Decrease 50.19% than previous quarter

Overall: increasing (58.46%). 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 88.19 (%).Trend:Decrease 32.37% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 285.36 (%).Trend:Increase 223.57% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 145.97 (%).Trend:Decrease 48.85% than previous quarter

Overall: increasing (65.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.19 (%).Trend:Decrease 1.39% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.88 (%).Trend:Decrease 4.49% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.09 (%).Trend:Increase 0.75% than previous quarter

Overall: decreasing (-3.77%). 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 64.17 (%).Trend:Increase 6.72% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 68.15 (%).Trend:Increase 6.2% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 69.01 (%).Trend:Increase 1.26% than previous quarter

Overall: increasing (7.54%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency exhibits significant fluctuation. Liabilities on revenue increased by 42.17% overall, while current assets on revenue increased by 58.46%. Cost efficiency data shows a minor decrease in the SG&A expense ratio (-3.77%) and a significant increase in the ratio of retained earnings to revenue (65.52%). Investment efficiency demonstrates a stable rise in retained earnings on assets (7.54%).