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 41.42 (%).Trend:Decrease 49.2% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.2 (%).Trend:Decrease 39.16% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.85 (%).Trend:Increase 34.33% than previous quarter

Overall: decreasing (-18.28%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 46.87 (%).Trend:Decrease 48.35% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 28.97 (%).Trend:Decrease 38.19% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 40.65 (%).Trend:Increase 40.32% than previous quarter

Overall: decreasing (-13.27%). 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 20.56 (%).Trend:Decrease 46.37% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 14.31 (%).Trend:Decrease 30.4% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 21.38 (%).Trend:Increase 49.41% than previous quarter

Overall: increasing (3.99%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 32.69 (%).Trend:Increase 4.84% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 35.74 (%).Trend:Increase 9.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.45 (%).Trend:Increase 7.58% than previous quarter

Overall: increasing (17.62%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.7 (USD).Trend:Increase 48.35% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 11.11% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Decrease 33.33% than previous quarter

Overall: decreasing (-25.93%). Fluctuation: **Neutral** (moderate variation).



Financial performance from Q2 2022 to Q2 2023 shows mixed results. Working capital efficiency, measured by liabilities and current assets on revenue, shows a slight overall decrease, fluctuating neutrally. Cost efficiency displays a moderate increase in the ratio of retained earnings to revenue. Invest efficiency remains steady with a consistent upward trend. Earnings per share experienced a decrease overall, exhibiting a neutral fluctuation pattern.