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 29.48 (%).Trend:Increase 43.66% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 50.1 (%).Trend:Increase 69.95% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 16.69 (%).Trend:Decrease 66.69% than previous quarter

Overall: decreasing (-43.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 38.71 (%).Trend:Decrease 36.23% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 119.62 (%).Trend:Increase 209.02% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 46.01 (%).Trend:Decrease 61.54% than previous quarter

Overall: increasing (18.86%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.83 (%).Trend:Increase 13.65% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.26 (%).Trend:Decrease 14.88% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.59 (%).Trend:Increase 10.12% than previous quarter

Overall: decreasing (-6.27%). 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
Earning Per Share
Year 2022 Quarter 3: Earning Per Share 18.0 (USD).Trend:Decrease 9.55% than previous quarter
Year 2023 Quarter 1: Earning Per Share 9.0 (USD).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 15.0 (USD).Trend:Increase 66.67% than previous quarter

Overall: decreasing (-16.67%). Fluctuation: **Significant** (high variation).



Working capital efficiency displays significant fluctuation. Liabilities on revenue decreased in Q2 2023 by 66.69%, after increasing in Q1 2023, demonstrating significant volatility. Current assets on revenue also saw significant fluctuation, increasing in Q1 2023 before declining in the subsequent quarters. Cost efficiency, on the other hand, shows minimal variation in the SG&A expense ratio, though showing a slight downward trend overall. Investment efficiency also exhibits significant fluctuation in earnings per share, with considerable growth and decline over the three quarters.