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 46.88 (%).Trend:Decrease 20.93% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 137.58 (%).Trend:Increase 193.47% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 68.85 (%).Trend:Decrease 49.96% than previous quarter

Overall: increasing (46.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 51.51 (%).Trend:Decrease 31.43% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 156.56 (%).Trend:Increase 203.94% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.75 (%).Trend:Decrease 52.25% than previous quarter

Overall: increasing (45.12%). 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 22.17 (%).Trend:Decrease 44.85% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 67.05 (%).Trend:Increase 202.44% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 33.95 (%).Trend:Decrease 49.37% than previous quarter

Overall: increasing (53.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.87 (%).Trend:Decrease 1.11% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.29 (%).Trend:Decrease 3.25% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.98 (%).Trend:Decrease 1.79% than previous quarter

Overall: decreasing (-4.98%). 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
Year 2022 Quarter 3: Retained Earning on Assets 8.29 (%).Trend:Decrease 14.54% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 8.44 (%).Trend:Increase 1.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 8.8 (%).Trend:Increase 4.27% than previous quarter

Overall: increasing (6.15%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.0 (USD).Trend:Decrease 38.9% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 200.0% than previous quarter

Overall: stable (0.0%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 financial data show a complex picture with some positive signs. Liabilities on revenue show an overall increase, despite considerable fluctuation.  Current assets on revenue show similar volatile behavior. Cost efficiency displays an increase in the ratio of retained earnings to revenue.  SG&A expense ratio shows a steady decrease. Investment efficiency shows a slight overall increase in retained earnings on assets. Earnings per share show a significant overall decline but with a large increase in Q2 2023.  The period demonstrates both volatility and some indications of improving trends.