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 44.88 (%).Trend:Decrease 37.24% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 127.58 (%).Trend:Increase 184.27% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 60.36 (%).Trend:Decrease 52.69% than previous quarter

Overall: increasing (34.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 88.65 (%).Trend:Decrease 31.57% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 240.96 (%).Trend:Increase 171.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 118.57 (%).Trend:Decrease 50.79% than previous quarter

Overall: increasing (33.75%). 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 190.43 (%).Trend:Decrease 31.71% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 532.04 (%).Trend:Increase 179.39% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 267.59 (%).Trend:Decrease 49.7% than previous quarter

Overall: increasing (40.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 39.78 (%).Trend:Decrease 0.67% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.1 (%).Trend:Decrease 1.71% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.96 (%).Trend:Decrease 0.36% than previous quarter

Overall: decreasing (-2.06%). 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 45.66 (%).Trend:Increase 1.97% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 45.86 (%).Trend:Increase 0.44% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 46.5 (%).Trend:Increase 1.4% than previous quarter

Overall: increasing (1.84%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 25.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (100.0%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023, Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue all increased considerably, displaying significant fluctuation. SG&A Expense Ratio decreased slightly, while Retained Earning on Assets showed a small, consistent rise. Earnings Per Share experienced a substantial increase (100.0%), demonstrating high volatility.