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 27.44 (%).Trend:Decrease 31.67% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 73.95 (%).Trend:Increase 169.5% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.02 (%).Trend:Decrease 48.59% than previous quarter

Overall: increasing (38.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 8.3 (%).Trend:Decrease 35.81% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 19.91 (%).Trend:Increase 139.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 10.34 (%).Trend:Decrease 48.07% than previous quarter

Overall: increasing (24.58%). 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 -22.14 (%).Trend:Decrease 31.62% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -51.05 (%).Trend:Increase 130.58% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -24.31 (%).Trend:Decrease 52.38% than previous quarter

Overall: decreasing (9.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -22.84 (%).Trend:Increase 0.53% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -19.66 (%).Trend:Decrease 13.92% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -17.8 (%).Trend:Decrease 9.46% than previous quarter

Overall: increasing (-22.07%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.49 (USD).Trend:Increase 276.92% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.02 (USD).Trend:Increase 108.16% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.8 (USD).Trend:Increase 76.47% than previous quarter

Overall: increasing (267.35%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased substantially, followed by a decrease, ending at a lower percentage than the initial quarter. Current assets on revenue also increased, then decreased, ending at a lower percentage.  Cost efficiency shows a consistent decrease in the ratio of retained earnings to revenue. Invest efficiency shows a slight overall increase in retained earnings on assets. Earnings per share saw a strong initial increase, but declined significantly in the final quarter. Overall, significant variation exists across all metrics.