Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 41.21 (%).Trend:Decrease 49.04% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.68 (%).Trend:Decrease 37.69% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 46.94 (%).Trend:Increase 82.79% than previous quarter

Overall: increasing (13.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 52.32 (%).Trend:Decrease 43.81% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 30.12 (%).Trend:Decrease 42.43% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 57.33 (%).Trend:Increase 90.34% than previous quarter

Overall: increasing (9.58%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.66 (%).Trend:Decrease 0.55% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.36 (%).Trend:Decrease 0.98% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.35 (%).Trend:Increase 19.73% than previous quarter

Overall: increasing (18.56%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.06 (USD).Trend:Increase 221.21% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.57 (USD).Trend:Increase 142.45% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.27 (USD).Trend:Decrease 110.51% than previous quarter

Overall: decreasing (-125.47%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows a significant increase in liabilities and current assets on revenue from Q2 2022 to Q2 2023, with high variation. Cost efficiency shows an increase in the SG&A expense ratio, with low fluctuation. Investment efficiency shows a considerable decrease in earnings per share, with significant quarter-to-quarter changes.  These findings suggest potential instability in investment performance and operational efficiency requiring thorough analysis.