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 27.28 (%).Trend:Decrease 35.12% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 76.99 (%).Trend:Increase 182.22% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 40.26 (%).Trend:Decrease 47.71% than previous quarter

Overall: increasing (47.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 38.93 (%).Trend:Decrease 33.26% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 104.53 (%).Trend:Increase 168.51% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 55.3 (%).Trend:Decrease 47.1% than previous quarter

Overall: increasing (42.05%). 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 17.88 (%).Trend:Decrease 35.68% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 52.65 (%).Trend:Increase 194.46% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 26.44 (%).Trend:Decrease 49.78% than previous quarter

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

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.67 (%).Trend:Decrease 2.29% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.02 (%).Trend:Decrease 8.47% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.75 (%).Trend:Decrease 3.85% than previous quarter

Overall: decreasing (-11.99%). 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 28.84 (%).Trend:Decrease 2.47% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 31.42 (%).Trend:Increase 8.95% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 30.69 (%).Trend:Decrease 2.32% than previous quarter

Overall: increasing (6.41%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.5 (USD).Trend:Increase 46.44% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.39 (USD).Trend:Decrease 60.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.73 (USD).Trend:Increase 96.4% than previous quarter

Overall: decreasing (-22.0%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 financial data shows significant fluctuations. Working capital efficiency, as measured by liabilities and current assets on revenue, increased but with considerable quarter-to-quarter variance. Cost efficiency, as measured by retained earnings to revenue, also increased with substantial fluctuations. SG&A expense ratios decreased steadily. Investment efficiency remained stable with a small overall increase. Earnings per share showed substantial fluctuation, declining in Q1 2023 before increasing in Q2. The report points to volatility requiring close monitoring.