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 35.26 (%).Trend:Decrease 36.51% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 95.34 (%).Trend:Increase 170.39% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.23 (%).Trend:Decrease 49.41% than previous quarter

Overall: increasing (36.78%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 49.21 (%).Trend:Decrease 33.34% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 140.7 (%).Trend:Increase 185.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 72.02 (%).Trend:Decrease 48.81% than previous quarter

Overall: increasing (46.35%). 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 44.49 (%).Trend:Decrease 29.04% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 149.22 (%).Trend:Increase 235.4% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 78.16 (%).Trend:Decrease 47.62% than previous quarter

Overall: increasing (75.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.18 (%).Trend:Increase 8.37% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.99 (%).Trend:Increase 5.01% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.93 (%).Trend:Increase 5.53% than previous quarter

Overall: increasing (10.82%). 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 17.33 (%).Trend:Increase 10.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 19.95 (%).Trend:Increase 15.12% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 21.01 (%).Trend:Increase 5.31% than previous quarter

Overall: increasing (21.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 5.0 (USD).Trend:Increase 25.31% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 60.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter

Overall: decreasing (-40.0%). Fluctuation: **Significant** (high variation).



The period from Q3 2022 to Q2 2023 demonstrates substantial volatility in working capital efficiency.  Liabilities and current assets on revenue increased significantly but with considerable fluctuation.  Similarly, the ratio of retained earnings to revenue increased sharply but with high variation. The SG&A expense ratio showed a small, steady increase, while retained earnings on assets increased gradually. Earnings per share experienced significant fluctuations, ending with a decrease.