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 15.78 (%).Trend:Decrease 35.09% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 52.18 (%).Trend:Increase 230.67% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 26.88 (%).Trend:Decrease 48.49% than previous quarter

Overall: increasing (70.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 26.89 (%).Trend:Decrease 34.19% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 96.32 (%).Trend:Increase 258.2% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 52.49 (%).Trend:Decrease 45.5% than previous quarter

Overall: increasing (95.2%). 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 28.47 (%).Trend:Decrease 30.98% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 126.3 (%).Trend:Increase 343.62% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 72.02 (%).Trend:Decrease 42.98% than previous quarter

Overall: increasing (152.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.77 (%).Trend:Decrease 5.84% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.77 (%).Trend:Increase 14.77% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.26 (%).Trend:Increase 6.31% than previous quarter

Overall: increasing (22.01%). 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 45.97 (%).Trend:Increase 9.04% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 53.91 (%).Trend:Increase 17.27% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 53.73 (%).Trend:Decrease 0.33% than previous quarter

Overall: increasing (16.88%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 15.5 (USD).Trend:Increase 69.03% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 87.1% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter

Overall: decreasing (-80.65%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities on revenue increased by 70.34%, while current assets on revenue increased by 95.2%.  The ratio of retained earnings to revenue showed a substantial increase (152.97%),  and SG&A expenses increased moderately (22.01%). Retained earnings on assets increased slightly (16.88%),  but earnings per share decreased significantly (-80.65%), indicating volatile performance.