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 123.3 (%).Trend:Decrease 28.49% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 606.3 (%).Trend:Increase 391.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 208.51 (%).Trend:Decrease 65.61% than previous quarter

Overall: increasing (69.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 346.51 (%).Trend:Decrease 43.6% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1338.36 (%).Trend:Increase 286.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 455.52 (%).Trend:Decrease 65.96% than previous quarter

Overall: increasing (31.46%). 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 32.53 (%).Trend:Decrease 32.06% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 136.57 (%).Trend:Increase 319.83% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 56.79 (%).Trend:Decrease 58.42% than previous quarter

Overall: increasing (74.58%). 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 7.95 (%).Trend:Increase 21.37% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 7.72 (%).Trend:Decrease 2.89% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 9.44 (%).Trend:Increase 22.28% than previous quarter

Overall: increasing (18.74%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.46 (USD).Trend:Increase 318.18% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.12 (USD).Trend:Decrease 73.91% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.57 (USD).Trend:Increase 375.0% than previous quarter

Overall: increasing (23.91%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterize key financial metrics from Q3 2022 to Q2 2023.  Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue all increased overall, despite substantial quarter-to-quarter variations.  Conversely, Retained Earnings on Assets showed a moderate increase, and Earnings Per Share, though increasing overall, exhibited significant fluctuation.