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 24.59 (%).Trend:Decrease 43.68% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 59.01 (%).Trend:Increase 139.98% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.93 (%).Trend:Decrease 32.33% than previous quarter

Overall: increasing (62.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 59.12 (%).Trend:Decrease 35.34% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 149.84 (%).Trend:Increase 153.45% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.66 (%).Trend:Decrease 46.17% than previous quarter

Overall: increasing (36.43%). 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 36.01 (%).Trend:Decrease 37.42% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 118.98 (%).Trend:Increase 230.41% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 61.69 (%).Trend:Decrease 48.15% than previous quarter

Overall: increasing (71.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.1 (%).Trend:Decrease 0.23% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 37.31 (%).Trend:Increase 6.3% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39.99 (%).Trend:Increase 7.18% than previous quarter

Overall: increasing (13.93%). 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 31.72 (%).Trend:Decrease 4.26% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 36.26 (%).Trend:Increase 14.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 34.94 (%).Trend:Decrease 3.64% than previous quarter

Overall: increasing (10.15%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.26 (USD).Trend:Increase 63.85% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.95 (USD).Trend:Decrease 77.7% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.59 (USD).Trend:Increase 67.37% than previous quarter

Overall: decreasing (-62.68%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023 data shows significant fluctuations. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue increased considerably, though with high variation.  SG&A expenses also increased, though moderately.  Retained earnings on assets showed a slight overall increase, while earnings per share experienced a substantial decline. This suggests potential areas of risk and concern.