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 51.44 (%).Trend:Decrease 47.64% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 137.64 (%).Trend:Increase 167.57% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.69 (%).Trend:Decrease 69.71% than previous quarter

Overall: decreasing (-18.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 33.0 (%).Trend:Decrease 34.65% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 106.27 (%).Trend:Increase 222.03% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 50.21 (%).Trend:Decrease 52.75% than previous quarter

Overall: increasing (52.15%). 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 132.4 (%).Trend:Decrease 30.12% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 408.63 (%).Trend:Increase 208.63% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 206.54 (%).Trend:Decrease 49.46% than previous quarter

Overall: increasing (56.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.19 (%).Trend:Increase 0.68% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.12 (%).Trend:Increase 11.63% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.07 (%).Trend:Decrease 3.73% than previous quarter

Overall: increasing (7.46%). 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 45.95 (%).Trend:Increase 1.55% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 45.93 (%).Trend:Decrease 0.04% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 46.89 (%).Trend:Increase 2.09% than previous quarter

Overall: increasing (2.05%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2022 to Q2 2023 show significant changes. Working capital efficiency displays notable volatility in both liabilities and current assets on revenue. Cost efficiency, particularly the retained earnings to revenue ratio, exhibits a substantial increase, although with considerable fluctuation. Selling, General, and Administrative (SG&A) expenses show a slight upward trend.  Investment efficiency displays a modest increase in retained earnings on assets.  The significant fluctuations across key financial metrics emphasize the importance of further analysis to pinpoint the contributing factors.