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 40.86 (%).Trend:Decrease 28.78% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 143.25 (%).Trend:Increase 250.59% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 59.88 (%).Trend:Decrease 58.2% than previous quarter

Overall: increasing (46.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 33.79 (%).Trend:Decrease 36.5% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 111.35 (%).Trend:Increase 229.54% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 54.95 (%).Trend:Decrease 50.65% than previous quarter

Overall: increasing (62.62%). 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 75.83 (%).Trend:Decrease 33.08% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 217.43 (%).Trend:Increase 186.73% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 105.14 (%).Trend:Decrease 51.64% than previous quarter

Overall: increasing (38.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.52 (%).Trend:Increase 0.35% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.53 (%).Trend:Increase 121.61% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.92 (%).Trend:Decrease 29.81% than previous quarter

Overall: increasing (55.56%). Fluctuation: **Significant** (high 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 29.07 (%).Trend:Increase 1.47% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 28.42 (%).Trend:Decrease 2.24% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.16 (%).Trend:Increase 2.6% than previous quarter

Overall: increasing (0.31%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows significant fluctuation in liabilities on revenue, increasing overall by 46.55% from Q3 2022 to Q2 2023.  Current assets on revenue also increased significantly (62.62%) with substantial quarterly variations.  Cost efficiency, measured by the ratio of retained earnings to revenue, displays a significant increase (38.65%) across the period, but with large fluctuations.  The SG&A expense ratio also shows a significant increase (55.56%), again with substantial quarter-to-quarter changes. Investment efficiency, as measured by retained earnings on assets, shows a modest overall increase (0.31%), with minimal variation.