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 79.03 (%).Trend:Decrease 18.63% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 266.99 (%).Trend:Increase 237.83% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 138.68 (%).Trend:Decrease 48.06% than previous quarter

Overall: increasing (75.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 69.22 (%).Trend:Decrease 29.24% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 235.43 (%).Trend:Increase 240.12% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 100.07 (%).Trend:Decrease 57.49% than previous quarter

Overall: increasing (44.57%). 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 30.41 (%).Trend:Decrease 28.8% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 111.29 (%).Trend:Increase 265.97% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 57.62 (%).Trend:Decrease 48.23% than previous quarter

Overall: increasing (89.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.3 (%).Trend:Increase 3.79% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 42.07 (%).Trend:Increase 9.84% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.47 (%).Trend:Decrease 3.8% than previous quarter

Overall: increasing (5.67%). 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 9.45 (%).Trend:Increase 2.61% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 10.21 (%).Trend:Increase 8.04% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 10.96 (%).Trend:Increase 7.35% than previous quarter

Overall: increasing (15.98%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.95 (USD).Trend:Increase 20.37% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.36 (USD).Trend:Decrease 81.54% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.9 (USD).Trend:Increase 150.0% than previous quarter

Overall: decreasing (-53.85%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities on revenue and current assets on revenue increased significantly, indicating potential positive trends, although with high fluctuation.  The ratio of retained earnings to revenue also showed substantial growth.  The SG&A expense ratio increased slightly, while retained earnings on assets saw moderate growth. Earnings per share however decreased significantly, a key area of concern.