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 58.83 (%).Trend:Decrease 37.59% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 182.68 (%).Trend:Increase 210.52% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 82.33 (%).Trend:Decrease 54.93% than previous quarter

Overall: increasing (39.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 73.49 (%).Trend:Decrease 32.82% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 222.29 (%).Trend:Increase 202.48% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 101.14 (%).Trend:Decrease 54.5% than previous quarter

Overall: increasing (37.62%). 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 15.44 (%).Trend:Decrease 33.48% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 61.4 (%).Trend:Increase 297.67% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 29.14 (%).Trend:Decrease 52.54% than previous quarter

Overall: increasing (88.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.69 (%).Trend:Decrease 2.74% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.95 (%).Trend:Increase 1.56% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.55 (%).Trend:Decrease 2.36% than previous quarter

Overall: decreasing (-0.84%). 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 8.51 (%).Trend:Increase 6.11% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 10.79 (%).Trend:Increase 26.79% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 10.88 (%).Trend:Increase 0.83% than previous quarter

Overall: increasing (27.85%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.62 (USD).Trend:Increase 56.61% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.66 (USD).Trend:Decrease 64.07% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.88 (USD).Trend:Increase 133.73% than previous quarter

Overall: decreasing (-16.02%). Fluctuation: **Significant** (high variation).



Across Q3 2022 to Q2 2023,  Liabilities on Revenue and Current Assets on Revenue increased significantly, although with considerable volatility. The Ratio of Retained Earnings to Revenue also showed a large increase and high fluctuation.  Conversely, the SG&A Expense Ratio decreased slightly.  Retained Earnings on Assets increased moderately, while Earnings Per Share decreased significantly.