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 7.58 (%).Trend:Decrease 37.04% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 28.62 (%).Trend:Increase 277.57% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 15.16 (%).Trend:Decrease 47.03% than previous quarter

Overall: increasing (100.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 32.15 (%).Trend:Decrease 28.35% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 139.58 (%).Trend:Increase 334.15% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 70.47 (%).Trend:Decrease 49.51% than previous quarter

Overall: increasing (119.19%). 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 10.79 (%).Trend:Decrease 16.68% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 54.95 (%).Trend:Increase 409.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 28.68 (%).Trend:Decrease 47.81% than previous quarter

Overall: increasing (165.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.61 (%).Trend:Increase 5.84% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.43 (%).Trend:Increase 50.2% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.15 (%).Trend:Decrease 2.45% than previous quarter

Overall: increasing (46.52%). 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 25.34 (%).Trend:Increase 16.24% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 28.73 (%).Trend:Increase 13.38% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.85 (%).Trend:Increase 3.9% than previous quarter

Overall: increasing (17.8%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 28.03 (USD).Trend:Increase 30.43% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.96 (USD).Trend:Decrease 93.01% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.67 (USD).Trend:Increase 138.27% than previous quarter

Overall: decreasing (-83.34%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, working capital efficiency exhibited significant fluctuation, with liabilities and current assets on revenue both increasing overall (100.0% and 119.19% respectively). Cost efficiency showed a substantial increase in the ratio of retained earnings to revenue (165.8%), while SG&A expense ratio increased moderately (46.52%) with neutral variation. Invest efficiency demonstrated a steady increase in retained earnings on assets (17.8%) with little fluctuation. However, earnings per share significantly decreased (-83.34%) with substantial variation. These trends suggest a complex financial picture with strong retained earnings growth offset by declining profitability as measured by EPS.