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 2291.24 (%).Trend:Decrease 34.11% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 4288.27 (%).Trend:Increase 87.16% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 1876.12 (%).Trend:Decrease 56.25% than previous quarter

Overall: decreasing (-18.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 2393.06 (%).Trend:Decrease 33.9% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 4625.24 (%).Trend:Increase 93.28% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 2063.69 (%).Trend:Decrease 55.38% than previous quarter

Overall: decreasing (-13.76%). 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 202.93 (%).Trend:Decrease 34.68% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 621.44 (%).Trend:Increase 206.23% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 331.22 (%).Trend:Decrease 46.7% than previous quarter

Overall: increasing (63.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.29 (%).Trend:Decrease 0.43% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.99 (%).Trend:Increase 30.57% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.85 (%).Trend:Decrease 4.68% than previous quarter

Overall: increasing (24.45%). 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 6.97 (%).Trend:Decrease 0.85% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 10.14 (%).Trend:Increase 45.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 11.69 (%).Trend:Increase 15.29% than previous quarter

Overall: increasing (67.72%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.83 (USD).Trend:Decrease 15.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.17 (USD).Trend:Decrease 36.07% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.6 (USD).Trend:Increase 122.22% than previous quarter

Overall: increasing (42.08%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, Liabilities on Revenue and Current Assets on Revenue decreased overall (-18.12% and -13.76% respectively), but with significant fluctuations.  The Ratio of Retained Earnings to Revenue showed significant growth (63.22%), also with significant fluctuation.  SG&A Expense Ratio increased moderately, while Retained Earning on Assets showed a significant increase (67.72%) with moderate variation.  Earning Per Share increased significantly (42.08%), showing significant fluctuation.