Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 43.83 (%).Trend:Decrease 46.77% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 70.56 (%).Trend:Increase 60.99% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.59 (%).Trend:Decrease 45.31% than previous quarter

Overall: decreasing (-11.96%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 36.04 (%).Trend:Decrease 49.47% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 62.29 (%).Trend:Increase 72.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 32.13 (%).Trend:Decrease 48.42% than previous quarter

Overall: decreasing (-10.85%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 8.63 (%).Trend:Decrease 60.47% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 21.51 (%).Trend:Increase 149.25% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 11.51 (%).Trend:Decrease 46.49% than previous quarter

Overall: increasing (33.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.07 (%).Trend:Increase 0.79% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.84 (%).Trend:Increase 4.04% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.38 (%).Trend:Increase 2.72% than previous quarter

Overall: increasing (6.87%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 8.43 (%).Trend:Decrease 22.02% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 10.45 (%).Trend:Increase 23.96% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 10.84 (%).Trend:Increase 3.73% than previous quarter

Overall: increasing (28.59%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.57 (USD).Trend:Increase 18.43% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 22.18% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter

Overall: increasing (16.73%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q2 2022 to Q2 2023 indicate a mixture of positive and negative trends. Liabilities and current assets on revenue are decreasing but with significant quarter-to-quarter fluctuations.  Cost efficiency, as represented by the retained earnings-to-revenue ratio, increases overall but still experiences substantial swings. The SG&A expense ratio demonstrates a consistent upward trend, while investment efficiency and earnings per share exhibit overall increasing trends, but with noticeable variations.