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 29.12 (%).Trend:Decrease 34.71% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 79.38 (%).Trend:Increase 172.6% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.06 (%).Trend:Decrease 45.75% than previous quarter

Overall: increasing (47.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 83.85 (%).Trend:Decrease 34.94% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 223.13 (%).Trend:Increase 166.11% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 117.97 (%).Trend:Decrease 47.13% than previous quarter

Overall: increasing (40.69%). 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 3.54 (%).Trend:Increase 63.13% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 23.79 (%).Trend:Increase 572.03% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 15.5 (%).Trend:Decrease 34.85% than previous quarter

Overall: increasing (337.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.81 (%).Trend:Decrease 4.99% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.76 (%).Trend:Decrease 0.64% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.97 (%).Trend:Increase 2.71% than previous quarter

Overall: increasing (2.05%). 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 2.33 (%).Trend:Increase 153.26% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 5.76 (%).Trend:Increase 147.21% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 7.28 (%).Trend:Increase 26.39% than previous quarter

Overall: increasing (212.45%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2022 to Q2 2023 shows significant fluctuations.  Liabilities and current assets on revenue show increases initially followed by decreases.  Cost efficiency reveals large increases, followed by decreases in the ratio of retained earnings to revenue.  Selling, General & Administrative (SG&A) expense ratio shows little change. Invest efficiency shows substantial increases, but with variability.