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 22.8 (%).Trend:Decrease 17.66% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 45.07 (%).Trend:Increase 97.68% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 23.56 (%).Trend:Decrease 47.73% than previous quarter

Overall: increasing (3.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 74.65 (%).Trend:Decrease 17.65% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 183.04 (%).Trend:Increase 145.2% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 93.18 (%).Trend:Decrease 49.09% than previous quarter

Overall: increasing (24.82%). 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 56.21 (%).Trend:Decrease 38.81% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 169.06 (%).Trend:Increase 200.76% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 88.16 (%).Trend:Decrease 47.85% than previous quarter

Overall: increasing (56.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.0 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.13 (%).Trend:Increase 1.44% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.64 (%).Trend:Increase 5.59% than previous quarter

Overall: increasing (7.11%). 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 21.73 (%).Trend:Decrease 8.39% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 23.06 (%).Trend:Increase 6.12% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.27 (%).Trend:Increase 0.91% than previous quarter

Overall: increasing (7.09%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2022 to Q2 2023 reveals significant fluctuations in working capital efficiency metrics. Liabilities and current assets on revenue exhibit significant increases and decreases across the three quarters. Cost efficiency demonstrates a significant increase in the ratio of retained earnings to revenue, followed by a sharp decrease. SG&A expense ratio shows a moderate increase overall. Invest efficiency shows consistent but minimal fluctuation in retained earnings on assets.