Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 47.86 (%).Trend:Decrease 53.89% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.49 (%).Trend:Decrease 34.2% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.76 (%).Trend:Increase 45.32% than previous quarter

Overall: decreasing (-4.39%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 87.34 (%).Trend:Decrease 55.14% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 56.85 (%).Trend:Decrease 34.91% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 82.79 (%).Trend:Increase 45.63% than previous quarter

Overall: decreasing (-5.21%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 77.31 (%).Trend:Decrease 50.44% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 53.39 (%).Trend:Decrease 30.94% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 86.65 (%).Trend:Increase 62.3% than previous quarter

Overall: increasing (12.08%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.89 (%).Trend:Decrease 3.95% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.26 (%).Trend:Increase 1.69% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.23 (%).Trend:Increase 8.85% than previous quarter

Overall: increasing (10.69%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 49.57 (%).Trend:Increase 8.49% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 52.28 (%).Trend:Increase 5.47% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 56.17 (%).Trend:Increase 7.44% than previous quarter

Overall: increasing (13.31%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 7.63 (USD).Trend:Increase 123.1% than previous quarter
Year 2022 Quarter 3: Earning Per Share 10.55 (USD).Trend:Increase 38.27% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.57 (USD).Trend:Decrease 37.73% than previous quarter

Overall: decreasing (-13.89%). Fluctuation: **Neutral** (moderate variation).



Between Q2 2022 and Q2 2023, liabilities and current assets on revenue decreased slightly with moderate fluctuation. The ratio of retained earnings to revenue increased moderately, while SG&A expenses increased slightly with low variation. Retained earnings on assets showed a small increase, with low fluctuation. Earnings per share decreased moderately with moderate fluctuation.