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 510.13 (%).Trend:Decrease 18.33% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 929.08 (%).Trend:Increase 82.13% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 543.93 (%).Trend:Decrease 41.45% than previous quarter

Overall: increasing (6.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 516.58 (%).Trend:Decrease 20.58% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 900.67 (%).Trend:Increase 74.35% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 536.14 (%).Trend:Decrease 40.47% than previous quarter

Overall: increasing (3.79%). 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 165.75 (%).Trend:Decrease 34.92% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 499.07 (%).Trend:Increase 201.1% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 247.87 (%).Trend:Decrease 50.33% than previous quarter

Overall: increasing (49.54%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.75 (%).Trend:Decrease 1.88% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.98 (%).Trend:Increase 1.23% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.24 (%).Trend:Increase 1.37% than previous quarter

Overall: increasing (2.61%). 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
Year 2022 Quarter 3: Retained Earning on Assets 28.45 (%).Trend:Decrease 15.98% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 45.38 (%).Trend:Increase 59.51% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 39.18 (%).Trend:Decrease 13.66% than previous quarter

Overall: increasing (37.72%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 5.53 (USD).Trend:Increase 66.57% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.88 (USD).Trend:Decrease 66.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.84 (USD).Trend:Increase 104.26% than previous quarter

Overall: decreasing (-30.56%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023 data, the company shows mixed results. Working capital metrics (liabilities & current assets) increased modestly (6.63% & 3.79%) with significant fluctuation. Retained earnings to revenue increased substantially (49.54%) but with high variation. SG&A expenses saw a slight increase (2.61%) with minimal fluctuation. Retained earnings on assets increased (37.72%) with moderate variation. Earnings Per Share decreased (-30.56%) with significant fluctuation. This suggests a complex financial landscape requiring further investigation.