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 40.73 (%).Trend:Decrease 27.92% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 105.05 (%).Trend:Increase 157.92% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 59.44 (%).Trend:Decrease 43.42% than previous quarter

Overall: increasing (45.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 60.7 (%).Trend:Decrease 29.65% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 156.84 (%).Trend:Increase 158.39% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 84.09 (%).Trend:Decrease 46.38% than previous quarter

Overall: increasing (38.53%). 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 35.55 (%).Trend:Decrease 28.8% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 104.12 (%).Trend:Increase 192.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 56.49 (%).Trend:Decrease 45.75% than previous quarter

Overall: increasing (58.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 46.99 (%).Trend:Decrease 3.29% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 46.47 (%).Trend:Decrease 1.11% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 51.53 (%).Trend:Increase 10.89% than previous quarter

Overall: increasing (9.66%). 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 27.6 (%).Trend:Increase 3.56% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 29.94 (%).Trend:Increase 8.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.01 (%).Trend:Decrease 3.11% than previous quarter

Overall: increasing (5.11%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.05 (USD).Trend:Increase 69.35% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.29 (USD).Trend:Decrease 72.38% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.29 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-72.38%). Fluctuation: **Significant** (high variation).



The data from Q3 2022 to Q2 2023 shows significant fluctuations in working capital efficiency, with both liabilities on revenue and current assets on revenue increasing, albeit with high variation.  The ratio of retained earnings to revenue similarly increased significantly. SG&A expenses increased slightly, while retained earnings on assets showed a small increase.  Earnings per share decreased sharply.