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 23.24 (%).Trend:Decrease 29.58% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 65.62 (%).Trend:Increase 182.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 31.99 (%).Trend:Decrease 51.25% than previous quarter

Overall: increasing (37.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 90.67 (%).Trend:Decrease 30.89% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 238.08 (%).Trend:Increase 162.58% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 124.34 (%).Trend:Decrease 47.77% than previous quarter

Overall: increasing (37.13%). 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 37.15 (%).Trend:Decrease 31.58% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 108.85 (%).Trend:Increase 193.0% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 58.63 (%).Trend:Decrease 46.14% than previous quarter

Overall: increasing (57.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.88 (%).Trend:Increase 0.69% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.09 (%).Trend:Decrease 15.23% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.67 (%).Trend:Increase 2.75% than previous quarter

Overall: decreasing (-12.9%). 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 35.48 (%).Trend:Increase 0.03% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 39.2 (%).Trend:Increase 10.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 40.52 (%).Trend:Increase 3.37% than previous quarter

Overall: increasing (14.21%). Fluctuation: **Little** (low variation).

Earning Per Share


Analyzing Q3 2022 to Q2 2023, liabilities on revenue and current assets on revenue increased significantly with high fluctuations. The ratio of retained earnings to revenue also increased substantially with significant variation.  The SG&A expense ratio decreased slightly with low variation, while retained earnings on assets showed a small, steady increase.