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 56.41 (%).Trend:Decrease 34.6% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 189.55 (%).Trend:Increase 236.02% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 88.21 (%).Trend:Decrease 53.46% than previous quarter

Overall: increasing (56.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 78.04 (%).Trend:Decrease 36.71% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 253.67 (%).Trend:Increase 225.05% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 113.48 (%).Trend:Decrease 55.26% than previous quarter

Overall: increasing (45.41%). 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 102.86 (%).Trend:Decrease 39.66% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 394.79 (%).Trend:Increase 283.81% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 163.64 (%).Trend:Decrease 58.55% than previous quarter

Overall: increasing (59.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.94 (%).Trend:Decrease 5.56% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.68 (%).Trend:Increase 32.33% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.56 (%).Trend:Decrease 0.38% than previous quarter

Overall: increasing (31.83%). Fluctuation: **Neutral** (moderate 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 44.65 (%).Trend:Decrease 0.53% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 44.28 (%).Trend:Decrease 0.83% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 42.02 (%).Trend:Decrease 5.1% than previous quarter

Overall: decreasing (-5.89%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.39 (USD).Trend:Increase 63.7% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.16 (USD).Trend:Decrease 106.69% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.85 (USD).Trend:Increase 1056.25% than previous quarter

Overall: decreasing (-177.41%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 data indicates significant volatility. Working capital efficiency metrics (liabilities and current assets on revenue) increased (56.37% and 45.41%), suggesting growth but also instability. Cost efficiency, reflected in the ratio of retained earnings to revenue, also saw a considerable increase (59.09%), while SG&A expense ratio increased moderately (31.83%).  Investment efficiency metrics provide a contrasting picture:  retained earnings on assets decreased (-5.89%), and earnings per share experienced a dramatic decrease (-177.41%).