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 24.79 (%).Trend:Decrease 60.78% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 80.57 (%).Trend:Increase 225.01% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 44.7 (%).Trend:Decrease 44.52% than previous quarter

Overall: increasing (80.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 24.46 (%).Trend:Decrease 35.72% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 92.39 (%).Trend:Increase 277.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 45.52 (%).Trend:Decrease 50.73% than previous quarter

Overall: increasing (86.1%). 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 -74.4 (%).Trend:Decrease 56.71% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -154.14 (%).Trend:Increase 107.18% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -58.15 (%).Trend:Decrease 62.27% than previous quarter

Overall: increasing (-21.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -46.36 (%).Trend:Decrease 41.23% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -19.76 (%).Trend:Decrease 57.38% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -13.45 (%).Trend:Decrease 31.93% than previous quarter

Overall: increasing (-70.99%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 7.66 (USD).Trend:Increase 4155.56% than previous quarter
Year 2023 Quarter 1: Earning Per Share 4.01 (USD).Trend:Decrease 47.65% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.85 (USD).Trend:Increase 45.89% than previous quarter

Overall: decreasing (-23.63%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations in liabilities and current assets on revenue across Q3 2022 to Q2 2023. Liabilities on revenue initially decreased significantly, then increased substantially, and finally decreased again.  Current assets on revenue also followed a similar pattern of significant decrease-increase-decrease. Cost efficiency, measured by the ratio of retained earnings to revenue, experienced substantial fluctuations, showing increases and decreases over the period.  Investment efficiency, as measured by retained earnings on assets, also displayed considerable fluctuation.  Earnings per share decreased overall, with significant variation in quarterly trends.