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 87.41 (%).Trend:Decrease 32.79% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 87.99 (%).Trend:Increase 0.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.73 (%).Trend:Decrease 52.57% than previous quarter

Overall: decreasing (-52.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 174.26 (%).Trend:Decrease 32.99% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 252.47 (%).Trend:Increase 44.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 125.84 (%).Trend:Decrease 50.16% than previous quarter

Overall: decreasing (-27.79%). 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 54.4 (%).Trend:Decrease 32.44% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 94.74 (%).Trend:Increase 74.15% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 43.94 (%).Trend:Decrease 53.62% than previous quarter

Overall: decreasing (-19.23%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.74 (%).Trend:Decrease 1.73% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.83 (%).Trend:Increase 41.32% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.41 (%).Trend:Decrease 2.02% than previous quarter

Overall: increasing (38.47%). Fluctuation: **Neutral** (moderate 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 17.02 (%).Trend:Increase 0.95% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 9.21 (%).Trend:Decrease 45.89% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 8.45 (%).Trend:Decrease 8.25% than previous quarter

Overall: decreasing (-50.35%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.32 (USD).Trend:Increase 29.41% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.56 (USD).Trend:Decrease 142.42% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.14 (USD).Trend:Increase 103.57% than previous quarter

Overall: decreasing (-186.36%). Fluctuation: **Significant** (high variation).



Financial performance analysis reveals significant volatility across various metrics. Liabilities on revenue and current assets on revenue are decreasing but with large quarter-to-quarter fluctuations. The ratio of retained earnings to revenue and investment efficiency (retained earnings on assets) are also declining significantly. Earnings per share show a substantial drop, indicating potential difficulties.  Overall, the data from Q3 2022 to Q2 2023 presents a picture of instability and declining profitability.