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 34.66 (%).Trend:Increase 0.67% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 32.02 (%).Trend:Decrease 7.62% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 11.51 (%).Trend:Decrease 64.05% than previous quarter

Overall: decreasing (-66.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 9.54 (%).Trend:Decrease 29.07% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 31.59 (%).Trend:Increase 231.13% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 17.42 (%).Trend:Decrease 44.86% than previous quarter

Overall: increasing (82.6%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.02 (%).Trend:Increase 0.75% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.08 (%).Trend:Decrease 23.38% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.88 (%).Trend:Decrease 6.49% than previous quarter

Overall: decreasing (-28.36%). Fluctuation: **Neutral** (moderate variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Earning Per Share


Financial performance from Q3 2022 to Q2 2023 exhibits a significant decrease in liabilities on revenue, along with substantial fluctuation. Current assets on revenue show an increase with significant variation.  Cost efficiency demonstrates a decreasing SG&A expense ratio with moderate variation.