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 16.67 (%).Trend:Decrease 36.25% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 58.22 (%).Trend:Increase 249.25% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.55 (%).Trend:Decrease 47.53% than previous quarter

Overall: increasing (83.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 67.25 (%).Trend:Decrease 33.48% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 206.81 (%).Trend:Increase 207.52% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 57.08 (%).Trend:Decrease 72.4% than previous quarter

Overall: decreasing (-15.12%). 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 12.64 (%).Trend:Decrease 29.42% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 33.2 (%).Trend:Increase 162.66% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 13.89 (%).Trend:Decrease 58.16% than previous quarter

Overall: increasing (9.89%). Fluctuation: **Significant** (high variation).

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

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 4.76 (%).Trend:Increase 8.68% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 4.07 (%).Trend:Decrease 14.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 3.41 (%).Trend:Decrease 16.22% than previous quarter

Overall: decreasing (-28.36%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Working capital efficiency for Q3 2022 to Q2 2023 shows mixed results. Liabilities on revenue increased overall (83.26%), while current assets on revenue decreased (-15.12%).  Cost efficiency, measured by the ratio of retained earnings to revenue, showed an increase overall (9.89%).  Investment efficiency shows a decrease in retained earnings on assets (-28.36%).  These results show significant variations in key financial metrics.