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 30.97 (%).Trend:Decrease 42.01% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.16 (%).Trend:Decrease 28.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.03 (%).Trend:Increase 26.49% than previous quarter

Overall: decreasing (-9.49%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 113.44 (%).Trend:Decrease 47.34% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 80.34 (%).Trend:Decrease 29.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 130.11 (%).Trend:Increase 61.95% than previous quarter

Overall: increasing (14.69%). Fluctuation: **Neutral** (moderate 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 86.76 (%).Trend:Decrease 48.26% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 61.27 (%).Trend:Decrease 29.38% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 115.89 (%).Trend:Increase 89.15% than previous quarter

Overall: increasing (33.58%). Fluctuation: **Significant** (high variation).

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

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 61.49 (%).Trend:Decrease 1.06% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 62.36 (%).Trend:Increase 1.41% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 68.55 (%).Trend:Increase 9.93% than previous quarter

Overall: increasing (11.48%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.08 (USD).Trend:Increase 100.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 7.41% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-7.41%). Fluctuation: **Little** (low variation).



Financial performance from Q2 2022 to Q2 2023 demonstrates mixed results.  Liabilities on revenue experienced a slight overall decrease (-9.49%), fluctuating moderately. Current assets on revenue saw an increase of 14.69%, also fluctuating moderately.  Cost efficiency, reflected in the retained earnings-to-revenue ratio, experienced a considerable increase (33.58%), showing significant quarterly fluctuations. Invest efficiency maintained a steady increase of 11.48% in retained earnings on assets, with minimal variation. Earnings per share decreased by 7.41%, indicating minimal changes between quarters.