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 40.08 (%).Trend:Increase 48.01% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 39.12 (%).Trend:Decrease 2.4% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 20.17 (%).Trend:Decrease 48.44% than previous quarter

Overall: decreasing (-49.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 29.96 (%).Trend:Decrease 31.09% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 66.2 (%).Trend:Increase 120.96% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 26.63 (%).Trend:Decrease 59.77% than previous quarter

Overall: decreasing (-11.11%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.05 (%).Trend:Increase 4.65% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.57 (%).Trend:Increase 12.84% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.46 (%).Trend:Decrease 2.41% than previous quarter

Overall: increasing (10.12%). 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
Earning Per Share


Working capital efficiency shows a decrease in liabilities on revenue (-49.68%), but with significant fluctuations.  Current assets on revenue decreased slightly (-11.11%), also demonstrating considerable variation. Cost efficiency shows a modest increase in the SG&A expense ratio (10.12%), with low fluctuation.  These findings suggest potential improvements in working capital, but volatility remains a concern.