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 49.91 (%).Trend:Decrease 31.75% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 146.03 (%).Trend:Increase 192.59% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 73.14 (%).Trend:Decrease 49.91% than previous quarter

Overall: increasing (46.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 64.45 (%).Trend:Decrease 36.18% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 168.09 (%).Trend:Increase 160.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 79.65 (%).Trend:Decrease 52.61% than previous quarter

Overall: increasing (23.58%). 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 39.74 (%).Trend:Decrease 36.78% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 93.74 (%).Trend:Increase 135.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 43.51 (%).Trend:Decrease 53.58% than previous quarter

Overall: increasing (9.49%). Fluctuation: **Significant** (high variation).

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

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 43.93 (%).Trend:Decrease 3.09% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 39.03 (%).Trend:Decrease 11.15% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 37.32 (%).Trend:Decrease 4.38% than previous quarter

Overall: decreasing (-15.05%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.45 (USD).Trend:Increase 49.48% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.62 (USD).Trend:Decrease 57.24% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.26 (USD).Trend:Increase 103.23% than previous quarter

Overall: decreasing (-13.1%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2022 to Q2 2023 reveals significant fluctuations in key metrics. Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue show overall increases (46.54%, 23.58%, 9.49% respectively), but with high variability.  Conversely, Retained Earnings on Assets decreased (-15.05%) with low variation, and Earnings Per Share decreased (-13.1%) with high variation.