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 24.12 (%).Trend:Decrease 40.61% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 74.5 (%).Trend:Increase 208.87% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 37.54 (%).Trend:Decrease 49.61% than previous quarter

Overall: increasing (55.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.9 (%).Trend:Decrease 36.22% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 177.57 (%).Trend:Increase 229.44% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 92.15 (%).Trend:Decrease 48.1% than previous quarter

Overall: increasing (70.96%). 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 22.0 (%).Trend:Decrease 28.43% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 68.45 (%).Trend:Increase 211.14% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 43.02 (%).Trend:Decrease 37.15% than previous quarter

Overall: increasing (95.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 13.97 (%).Trend:Increase 11.14% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 14.8 (%).Trend:Increase 5.94% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 18.32 (%).Trend:Increase 23.78% than previous quarter

Overall: increasing (31.14%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial performance from Q3 2022 to Q2 2023 displays significant volatility in various key areas.  Working capital efficiency, measured by liabilities and current assets on revenue, shows a substantial increase but is highly variable.  Cost efficiency, as shown by the ratio of retained earnings to revenue, also demonstrates a significant, yet volatile, upward trend.  Investment efficiency exhibits a neutral, moderately variable, increasing trend. The data signifies a period of considerable change, demanding further analysis into the underlying causes.