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 288.83 (%).Trend:Decrease 49.57% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 194.31 (%).Trend:Decrease 32.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 263.32 (%).Trend:Increase 35.52% than previous quarter

Overall: decreasing (-8.83%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 189.86 (%).Trend:Decrease 51.06% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 144.21 (%).Trend:Decrease 24.04% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 167.96 (%).Trend:Increase 16.47% than previous quarter

Overall: decreasing (-11.53%). Fluctuation: **Neutral** (moderate 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 -62.29 (%).Trend:Decrease 48.33% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -42.28 (%).Trend:Decrease 32.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -48.56 (%).Trend:Increase 14.85% than previous quarter

Overall: increasing (-22.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -15.36 (%).Trend:Increase 6.52% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -15.05 (%).Trend:Decrease 2.02% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -11.87 (%).Trend:Decrease 21.13% than previous quarter

Overall: increasing (-22.72%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2022 to Q2 2023 reveal a mixed picture of working capital and cost efficiency. Liabilities on revenue and current assets on revenue both show a decreasing trend, albeit with moderate fluctuations.  In contrast, the ratio of retained earnings to revenue and retained earnings on assets demonstrate significant fluctuations, with increasing overall trends.  Further analysis is needed to understand the underlying reasons for these variations.