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 37.14 (%).Trend:Decrease 14.01% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 99.52 (%).Trend:Increase 167.96% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 46.48 (%).Trend:Decrease 53.3% than previous quarter

Overall: increasing (25.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 44.99 (%).Trend:Decrease 24.18% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 116.47 (%).Trend:Increase 158.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 53.23 (%).Trend:Decrease 54.3% than previous quarter

Overall: increasing (18.32%). 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 118.59 (%).Trend:Decrease 35.23% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 78.35 (%).Trend:Decrease 33.93% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 37.5 (%).Trend:Decrease 52.14% than previous quarter

Overall: decreasing (-68.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.37 (%).Trend:Decrease 1.97% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.67 (%).Trend:Increase 7.11% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.05 (%).Trend:Decrease 1.79% than previous quarter

Overall: increasing (5.19%). 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 88.23 (%).Trend:Decrease 3.51% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 19.02 (%).Trend:Decrease 78.44% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 18.93 (%).Trend:Decrease 0.47% than previous quarter

Overall: decreasing (-78.54%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.05 (USD).Trend:Increase 65.32% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 93.66% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.65 (USD).Trend:Increase 400.0% than previous quarter

Overall: decreasing (-68.29%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities and current assets on revenue increased, though with significant fluctuations. The ratio of retained earnings to revenue decreased substantially, showing high volatility. The SG&A expense ratio increased slightly, while retained earnings on assets and earnings per share both decreased significantly, indicating considerable instability across several key financial indicators.