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 12.49 (%).Trend:Decrease 37.74% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 47.17 (%).Trend:Increase 277.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 23.25 (%).Trend:Decrease 50.71% than previous quarter

Overall: increasing (86.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 24.06 (%).Trend:Decrease 42.52% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 86.2 (%).Trend:Increase 258.27% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 42.86 (%).Trend:Decrease 50.28% than previous quarter

Overall: increasing (78.14%). 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 5.28 (%).Trend:Decrease 25.21% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 10.55 (%).Trend:Increase 99.81% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1.09 (%).Trend:Decrease 89.67% than previous quarter

Overall: decreasing (-79.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.41 (%).Trend:Increase 2.69% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.28 (%).Trend:Increase 41.86% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.85 (%).Trend:Decrease 1.85% than previous quarter

Overall: increasing (39.24%). Fluctuation: **Neutral** (moderate 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 8.41 (%).Trend:Increase 14.11% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 3.91 (%).Trend:Decrease 53.51% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 0.85 (%).Trend:Decrease 78.26% than previous quarter

Overall: decreasing (-89.89%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 14.12 (USD).Trend:Increase 50.85% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.44 (USD).Trend:Decrease 82.72% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.59 (USD).Trend:Increase 129.1% than previous quarter

Overall: decreasing (-60.41%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 displays significant volatility. Working capital efficiency metrics show notable increases in Q1 2023, after experiencing substantial declines during the first half of the period. Cost efficiency, represented by the retained earnings ratio, shows a substantial overall decrease. SG&A expenses show a slight overall upward trend, although with fluctuations. Investment efficiency metrics display a substantial overall decrease, with significant fluctuation. Earnings per share indicate a significant decrease overall during this period.