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 16.95 (%).Trend:Decrease 33.35% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 59.45 (%).Trend:Increase 250.74% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.2 (%).Trend:Decrease 59.29% than previous quarter

Overall: increasing (42.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 49.92 (%).Trend:Decrease 42.41% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 180.78 (%).Trend:Increase 262.14% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.92 (%).Trend:Decrease 55.24% than previous quarter

Overall: increasing (62.1%). 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 37.25 (%).Trend:Decrease 31.49% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 161.71 (%).Trend:Increase 334.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 83.02 (%).Trend:Decrease 48.66% than previous quarter

Overall: increasing (122.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.54 (%).Trend:Decrease 3.54% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.23 (%).Trend:Increase 21.45% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.59 (%).Trend:Increase 2.36% than previous quarter

Overall: increasing (24.32%). Fluctuation: **Neutral** (moderate 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 53.94 (%).Trend:Increase 14.99% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 54.34 (%).Trend:Increase 0.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 59.84 (%).Trend:Increase 10.12% than previous quarter

Overall: increasing (10.94%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2022 to Q2 2023 suggests significant volatility.  Working capital efficiency shows considerable fluctuations, with liabilities and current assets exhibiting large increases and decreases.  Cost efficiency shows substantial volatility in the ratio of retained earnings to revenue, with the SG&A expense ratio demonstrating a more moderate, though still non-static, increase.  Investment efficiency displays minor fluctuation with increasing retained earnings on assets.  These substantial and frequent changes in various key metrics require a deep dive to understand their roots.