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 22.85 (%).Trend:Decrease 69.12% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 56.69 (%).Trend:Increase 148.1% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.38 (%).Trend:Decrease 46.41% than previous quarter

Overall: increasing (32.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 136.48 (%).Trend:Decrease 32.09% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 379.31 (%).Trend:Increase 177.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 199.84 (%).Trend:Decrease 47.31% than previous quarter

Overall: increasing (46.42%). 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 17.87 (%).Trend:Increase 101.69% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 40.52 (%).Trend:Increase 126.75% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 36.65 (%).Trend:Decrease 9.55% than previous quarter

Overall: increasing (105.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.1 (%).Trend:Decrease 16.45% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.04 (%).Trend:Increase 4.25% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.91 (%).Trend:Decrease 13.59% than previous quarter

Overall: decreasing (-9.91%). 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 4.59 (%).Trend:Increase 242.54% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 3.87 (%).Trend:Decrease 15.69% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 7.76 (%).Trend:Increase 100.52% than previous quarter

Overall: increasing (69.06%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.05 (USD).Trend:Increase 75.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.29 (USD).Trend:Decrease 72.38% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.86 (USD).Trend:Increase 196.55% than previous quarter

Overall: decreasing (-18.1%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 data shows significant fluctuation. Liabilities on Revenue increased (32.95%), and Current assets on Revenue also increased (46.42%). The Ratio of Retained Earnings to Revenue significantly increased (105.09%), while the SG&A Expense Ratio decreased slightly (-9.91%), showing little variation. Retained Earning on Assets increased (69.06%), and Earnings Per Share decreased (-18.1%), both with significant fluctuation.