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 35.17 (%).Trend:Decrease 35.97% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 90.96 (%).Trend:Increase 158.63% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.35 (%).Trend:Decrease 54.54% than previous quarter

Overall: increasing (17.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.76 (%).Trend:Decrease 33.73% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 166.92 (%).Trend:Increase 210.49% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 89.4 (%).Trend:Decrease 46.44% than previous quarter

Overall: increasing (66.29%). 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 190.08 (%).Trend:Decrease 32.35% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 570.13 (%).Trend:Increase 199.94% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 288.98 (%).Trend:Decrease 49.31% than previous quarter

Overall: increasing (52.03%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.62 (%).Trend:Decrease 0.75% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.58 (%).Trend:Decrease 0.38% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.58 (%).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-0.38%). 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 71.44 (%).Trend:Increase 2.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 72.18 (%).Trend:Increase 1.04% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 72.99 (%).Trend:Increase 1.12% than previous quarter

Overall: increasing (2.17%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 25.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-33.33%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased by 17.57%, but varied greatly between quarters.  Current assets on revenue also increased (66.29%) with considerable quarter-to-quarter changes. Cost efficiency shows a slight decrease in SG&A expense ratio (-0.38%). Retained earnings to revenue increased by 52.03%, yet with notable changes in each quarter. Investment efficiency shows a small increase in retained earnings on assets (2.17%) with minimal fluctuation. Earnings per share are decreasing by 33.33%, but exhibit considerable variation.