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 24.84 (%).Trend:Decrease 27.56% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 72.57 (%).Trend:Increase 192.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.76 (%).Trend:Decrease 57.61% than previous quarter

Overall: increasing (23.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 58.29 (%).Trend:Decrease 32.51% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 187.26 (%).Trend:Increase 221.26% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 96.32 (%).Trend:Decrease 48.56% than previous quarter

Overall: increasing (65.24%). 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 52.17 (%).Trend:Decrease 31.14% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 168.53 (%).Trend:Increase 223.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 84.47 (%).Trend:Decrease 49.88% than previous quarter

Overall: increasing (61.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.23 (%).Trend:Increase 1.72% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.29 (%).Trend:Increase 0.2% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.94 (%).Trend:Increase 2.15% than previous quarter

Overall: increasing (2.35%). 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 27.4 (%).Trend:Increase 3.47% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 29.78 (%).Trend:Increase 8.69% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 28.39 (%).Trend:Decrease 4.67% than previous quarter

Overall: increasing (3.61%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.73 (USD).Trend:Increase 58.7% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.36 (USD).Trend:Decrease 50.68% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 97.22% than previous quarter

Overall: decreasing (-2.74%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023 reveals significant fluctuations in several key metrics. Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue all increased overall but experienced substantial quarter-to-quarter variations.  SG&A expenses increased slightly, while Retained Earning on Assets showed a small increase.  Earnings Per Share decreased overall despite significant fluctuations.