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 20.09 (%).Trend:Decrease 38.6% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 83.09 (%).Trend:Increase 313.59% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 44.32 (%).Trend:Decrease 46.66% than previous quarter

Overall: increasing (120.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 70.95 (%).Trend:Decrease 34.24% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 270.99 (%).Trend:Increase 281.95% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 116.02 (%).Trend:Decrease 57.19% than previous quarter

Overall: increasing (63.52%). 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 84.22 (%).Trend:Decrease 33.3% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 332.51 (%).Trend:Increase 294.81% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 130.06 (%).Trend:Decrease 60.89% than previous quarter

Overall: increasing (54.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 49.65 (%).Trend:Decrease 1.9% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 61.87 (%).Trend:Increase 24.61% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 58.98 (%).Trend:Decrease 4.67% than previous quarter

Overall: increasing (18.79%). 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 63.22 (%).Trend:Increase 2.63% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 65.0 (%).Trend:Increase 2.82% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 61.59 (%).Trend:Decrease 5.25% than previous quarter

Overall: decreasing (-2.58%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.37 (USD).Trend:Increase 85.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.21 (USD).Trend:Decrease 156.76% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.15 (USD).Trend:Increase 447.62% than previous quarter

Overall: decreasing (-410.81%). Fluctuation: **Significant** (high variation).



Working capital efficiency exhibits significant fluctuation in liabilities and current assets on revenue. Liabilities on revenue increased by 120.61% overall but varied significantly. Current assets on revenue also increased by 63.52% overall with substantial variations. Cost efficiency demonstrates significant fluctuation in the ratio of retained earnings to revenue, and neutral fluctuation in the SG&A expense ratio.  Investment efficiency displays little fluctuation, showing a slight decrease in retained earnings on assets (-2.58%).  Earning per share is experiencing substantial declines (-410.81% overall).