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 68.72 (%).Trend:Decrease 21.27% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 199.23 (%).Trend:Increase 189.92% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 77.43 (%).Trend:Decrease 61.14% than previous quarter

Overall: increasing (12.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 61.21 (%).Trend:Decrease 41.54% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 127.98 (%).Trend:Increase 109.08% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 58.79 (%).Trend:Decrease 54.06% than previous quarter

Overall: decreasing (-3.95%). 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 77.34 (%).Trend:Decrease 35.27% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 219.05 (%).Trend:Increase 183.23% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 110.25 (%).Trend:Decrease 49.67% than previous quarter

Overall: increasing (42.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.86 (%).Trend:Increase 1.33% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.58 (%).Trend:Increase 39.65% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.95 (%).Trend:Decrease 6.58% than previous quarter

Overall: increasing (30.47%). 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 26.83 (%).Trend:Increase 2.84% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 29.16 (%).Trend:Increase 8.68% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.64 (%).Trend:Increase 1.65% than previous quarter

Overall: increasing (10.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.46 (USD).Trend:Increase 20.66% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.55 (USD).Trend:Decrease 62.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.19 (USD).Trend:Increase 116.36% than previous quarter

Overall: decreasing (-18.49%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, significant fluctuations are observed. Liabilities on Revenue increased overall, although with considerable volatility. Current Assets on Revenue showed a slight overall decline. The Ratio of Retained Earnings to Revenue increased significantly, despite substantial quarter-to-quarter changes. SG&A expenses generally rose, while Retained Earning on Assets increased steadily. Earning Per Share had substantial variation, with a net decrease.