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 42.7 (%).Trend:Decrease 25.92% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 117.18 (%).Trend:Increase 174.43% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 56.64 (%).Trend:Decrease 51.66% than previous quarter

Overall: increasing (32.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 36.92 (%).Trend:Decrease 30.89% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 109.92 (%).Trend:Increase 197.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 53.26 (%).Trend:Decrease 51.55% than previous quarter

Overall: increasing (44.26%). 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 1.74 (%).Trend:Decrease 69.74% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 2.77 (%).Trend:Increase 59.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 2.05 (%).Trend:Decrease 25.99% than previous quarter

Overall: increasing (17.82%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.13 (%).Trend:Increase 7.36% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.64 (%).Trend:Decrease 7.99% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.04 (%).Trend:Increase 7.09% than previous quarter

Overall: decreasing (-1.47%). 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 1.57 (%).Trend:Decrease 56.75% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 0.93 (%).Trend:Decrease 40.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.31 (%).Trend:Increase 40.86% than previous quarter

Overall: decreasing (-16.56%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.86 (USD).Trend:Increase 33.15% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.89 (USD).Trend:Decrease 61.11% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.42 (USD).Trend:Increase 80.95% than previous quarter

Overall: decreasing (-29.63%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant variation in liabilities and current assets on revenue.  Cost efficiency reveals a somewhat neutral trend in the retained earnings-to-revenue ratio. The SG&A expense ratio shows a slight downward trend.  Invest efficiency displays a continuing negative trend in retained earnings on assets. Earning per share displays major fluctuations over the reporting period.