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 31.96 (%).Trend:Decrease 31.12% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 90.41 (%).Trend:Increase 182.88% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 36.1 (%).Trend:Decrease 60.07% than previous quarter

Overall: increasing (12.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 87.24 (%).Trend:Decrease 32.74% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 284.75 (%).Trend:Increase 226.4% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 137.2 (%).Trend:Decrease 51.82% than previous quarter

Overall: increasing (57.27%). 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 64.66 (%).Trend:Decrease 32.89% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 221.71 (%).Trend:Increase 242.89% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 114.89 (%).Trend:Decrease 48.18% than previous quarter

Overall: increasing (77.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.89 (%).Trend:Decrease 4.5% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.02 (%).Trend:Increase 9.5% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.2 (%).Trend:Increase 1.38% than previous quarter

Overall: increasing (11.02%). 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 44.37 (%).Trend:Increase 3.16% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 46.91 (%).Trend:Increase 5.72% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 49.53 (%).Trend:Increase 5.59% than previous quarter

Overall: increasing (11.63%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2022 to Q2 2023 shows considerable volatility in working capital efficiency, liabilities, and current assets on revenue.  Cost efficiency demonstrates a significant increase in the retained earnings-to-revenue ratio, with substantial quarter-to-quarter variation. Selling, general, and administrative (SG&A) expense ratio displays a minor upward trend. Investment efficiency shows minimal fluctuation, with a steady increase in retained earnings on assets.