Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 39.35 (%).Trend:Decrease 41.68% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.66 (%).Trend:Decrease 29.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.16 (%).Trend:Increase 16.27% than previous quarter

Overall: decreasing (-18.27%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 82.99 (%).Trend:Decrease 52.29% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 55.97 (%).Trend:Decrease 32.56% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 76.11 (%).Trend:Increase 35.98% than previous quarter

Overall: decreasing (-8.29%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 122.51 (%).Trend:Decrease 49.1% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 83.6 (%).Trend:Decrease 31.76% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 124.06 (%).Trend:Increase 48.4% than previous quarter

Overall: increasing (1.27%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 64.15 (%).Trend:Increase 3.2% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 65.76 (%).Trend:Increase 2.51% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 73.35 (%).Trend:Increase 11.54% than previous quarter

Overall: increasing (14.34%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.15 (USD).Trend:Increase 99.07% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.33 (USD).Trend:Increase 54.88% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.01 (USD).Trend:Decrease 9.61% than previous quarter

Overall: increasing (40.0%). Fluctuation: **Neutral** (moderate variation).



From Q2 2022 to Q2 2023,  liabilities on revenue and current assets on revenue decreased slightly with moderate variation. The ratio of retained earnings to revenue increased slightly, also with moderate variation. Retained earnings on assets increased considerably with low variation, and earnings per share showed a moderate overall increase.