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 51.42 (%).Trend:Decrease 51.33% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 34.97 (%).Trend:Decrease 31.99% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 50.45 (%).Trend:Increase 44.27% than previous quarter

Overall: decreasing (-1.89%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 78.03 (%).Trend:Decrease 51.55% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 52.02 (%).Trend:Decrease 33.33% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.32 (%).Trend:Increase 54.4% than previous quarter

Overall: increasing (2.93%). 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 12.95 (%).Trend:Decrease 51.62% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 6.46 (%).Trend:Decrease 50.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 6.47 (%).Trend:Increase 0.15% than previous quarter

Overall: decreasing (-50.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.13 (%).Trend:Decrease 2.1% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.92 (%).Trend:Decrease 4.09% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.27 (%).Trend:Increase 7.11% than previous quarter

Overall: increasing (2.73%). 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 8.28 (%).Trend:Increase 0.36% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 6.41 (%).Trend:Decrease 22.58% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.34 (%).Trend:Decrease 32.29% than previous quarter

Overall: decreasing (-47.58%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data from Q2 2022 to Q2 2023 reveals mixed trends. Liabilities on revenue exhibit a slight decrease (-1.89%) with moderate fluctuation. Current assets on revenue show a slight increase (2.93%) with moderate fluctuation.  Cost efficiency (ratio of retained earnings to revenue) has a substantial decrease (-50.04%) and high variability. Selling, general, and administrative (SG&A) expenses are increasing slightly (2.73%) and show little fluctuation.  Investment efficiency (retained earnings on assets) decreased significantly (-47.58%) with large variations.