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 54.95 (%).Trend:Decrease 31.53% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 189.84 (%).Trend:Increase 245.48% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 90.7 (%).Trend:Decrease 52.22% than previous quarter

Overall: increasing (65.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 69.34 (%).Trend:Decrease 31.88% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 204.92 (%).Trend:Increase 195.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 101.35 (%).Trend:Decrease 50.54% than previous quarter

Overall: increasing (46.16%). 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 73.43 (%).Trend:Decrease 32.34% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 214.9 (%).Trend:Increase 192.66% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 105.96 (%).Trend:Decrease 50.69% than previous quarter

Overall: increasing (44.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.5 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.99 (%).Trend:Decrease 4.08% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.91 (%).Trend:Decrease 0.67% than previous quarter

Overall: decreasing (-4.72%). 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 24.35 (%).Trend:Increase 3.48% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 25.26 (%).Trend:Increase 3.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.68 (%).Trend:Increase 1.66% than previous quarter

Overall: increasing (5.46%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.6 (USD).Trend:Increase 52.05% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.94 (USD).Trend:Decrease 63.85% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 112.77% than previous quarter

Overall: decreasing (-23.08%). Fluctuation: **Significant** (high variation).



Financial analysis across multiple periods shows significant volatility in various key areas.  Overall, trends reveal increasing patterns for working capital efficiency (current assets and liabilities), cost efficiency (ratio of retained earnings to revenue), and investment efficiency (retained earnings on assets).  Significant fluctuations are present in liabilities on revenue and current assets on revenue, while earnings per share display substantial rises and falls. A notable exception is SG&A, which has been decreasing with slight variance.