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 12.71 (%).Trend:Decrease 27.04% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 42.54 (%).Trend:Increase 234.7% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 18.57 (%).Trend:Decrease 56.35% than previous quarter

Overall: increasing (46.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 30.3 (%).Trend:Decrease 34.95% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 104.16 (%).Trend:Increase 243.76% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 43.46 (%).Trend:Decrease 58.28% than previous quarter

Overall: increasing (43.43%). 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 5.83 (%).Trend:Decrease 2.35% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 31.34 (%).Trend:Increase 437.56% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 18.61 (%).Trend:Decrease 40.62% than previous quarter

Overall: increasing (219.21%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.16 (%).Trend:Increase 5.68% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.53 (%).Trend:Increase 21.24% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.03 (%).Trend:Increase 3.7% than previous quarter

Overall: increasing (25.72%). 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 14.38 (%).Trend:Increase 46.59% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 21.2 (%).Trend:Increase 47.43% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 28.08 (%).Trend:Increase 32.45% than previous quarter

Overall: increasing (95.27%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.02 (USD).Trend:Increase 30.52% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.82 (USD).Trend:Decrease 79.6% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.43 (USD).Trend:Increase 74.39% than previous quarter

Overall: decreasing (-64.43%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 data indicates substantial fluctuations. Liabilities and current assets on revenue show initial decreases followed by substantial increases and subsequent decreases, highlighting significant volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, experiences enormous growth, followed by decreases. The SG&A expense ratio consistently increases with neutral fluctuation. Investment efficiency increases steadily, and earnings per share show a sharp drop in Q1 2023 followed by a rebound in Q2, indicating high variability.