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 51.81 (%).Trend:Decrease 30.54% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 166.03 (%).Trend:Increase 220.46% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 75.92 (%).Trend:Decrease 54.27% than previous quarter

Overall: increasing (46.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 57.72 (%).Trend:Decrease 28.61% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 168.98 (%).Trend:Increase 192.76% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.91 (%).Trend:Decrease 52.12% than previous quarter

Overall: increasing (40.18%). 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 48.98 (%).Trend:Decrease 31.58% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 137.86 (%).Trend:Increase 181.46% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 68.35 (%).Trend:Decrease 50.42% than previous quarter

Overall: increasing (39.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.39 (%).Trend:Increase 1.71% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.56 (%).Trend:Increase 0.92% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.49 (%).Trend:Decrease 0.38% than previous quarter

Overall: increasing (0.54%). 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 39.41 (%).Trend:Increase 1.23% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 37.49 (%).Trend:Decrease 4.87% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 39.05 (%).Trend:Increase 4.16% than previous quarter

Overall: decreasing (-0.91%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q3 2022 to Q2 2023 show significant fluctuations across various efficiency metrics. Liabilities and current assets on revenue display increases with high variability. Cost efficiency, represented by the retained earnings-to-revenue ratio, is also increasing significantly.  SG&A expense ratios show a slight overall increase with little variation. Investment efficiency, as measured by retained earnings on assets, displays a slight decrease with little fluctuation.