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 20.07 (%).Trend:Decrease 28.37% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 66.99 (%).Trend:Increase 233.78% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.37 (%).Trend:Decrease 51.68% than previous quarter

Overall: increasing (61.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 50.8 (%).Trend:Decrease 29.17% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 152.73 (%).Trend:Increase 200.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 69.02 (%).Trend:Decrease 54.81% than previous quarter

Overall: increasing (35.87%). 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 13.75 (%).Trend:Decrease 26.74% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 36.47 (%).Trend:Increase 165.24% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 17.78 (%).Trend:Decrease 51.25% than previous quarter

Overall: increasing (29.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.63 (%).Trend:Decrease 0.88% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45.85 (%).Trend:Increase 12.85% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45.38 (%).Trend:Decrease 1.03% than previous quarter

Overall: increasing (11.69%). 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 5.9 (%).Trend:Increase 8.86% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 4.79 (%).Trend:Decrease 18.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.85 (%).Trend:Increase 1.25% than previous quarter

Overall: decreasing (-17.8%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


The data for Q3 2022 to Q2 2023 indicates mixed results with substantial fluctuations.  Working capital efficiency shows an increase in both liabilities and current assets on revenue, despite significant variations.  Cost efficiency indicates a significant increase in the retained earnings-to-revenue ratio after a period of decline. The SG&A expense ratio shows a small overall increase, with little fluctuation. Investment efficiency, however, reveals a slight decrease in retained earnings on assets, with moderate variation.  Overall, the period saw substantial changes in various key financial metrics.