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 30.71 (%).Trend:Decrease 31.54% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 78.18 (%).Trend:Increase 154.58% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 37.84 (%).Trend:Decrease 51.6% than previous quarter

Overall: increasing (23.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 70.26 (%).Trend:Decrease 35.27% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 195.57 (%).Trend:Increase 178.35% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 96.85 (%).Trend:Decrease 50.48% than previous quarter

Overall: increasing (37.85%). 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 57.96 (%).Trend:Decrease 35.07% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 154.35 (%).Trend:Increase 166.3% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 78.39 (%).Trend:Decrease 49.21% than previous quarter

Overall: increasing (35.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.46 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.52 (%).Trend:Increase 11.8% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.97 (%).Trend:Decrease 2.82% than previous quarter

Overall: increasing (8.65%). 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 56.73 (%).Trend:Decrease 0.94% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 53.25 (%).Trend:Decrease 6.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 54.15 (%).Trend:Increase 1.69% than previous quarter

Overall: decreasing (-4.55%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2022 to Q2 2023 show substantial fluctuations in working capital efficiency. Liabilities on revenue saw a large increase in Q1 2023, followed by a decrease in Q2 2023. Current assets on revenue also show substantial increases and decreases.  The ratio of retained earnings to revenue shows a sizable increase in Q1 2023, then decreases. SG&A expense ratio displays a small increase overall with little fluctuation. Invest efficiency reveals a moderate decrease in retained earnings on assets with little fluctuation.