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 21.14 (%).Trend:Decrease 34.65% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 59.73 (%).Trend:Increase 182.54% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 27.73 (%).Trend:Decrease 53.57% than previous quarter

Overall: increasing (31.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 31.02 (%).Trend:Decrease 33.77% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 100.55 (%).Trend:Increase 224.15% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 38.76 (%).Trend:Decrease 61.45% than previous quarter

Overall: increasing (24.95%). 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 28.83 (%).Trend:Decrease 34.83% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 83.89 (%).Trend:Increase 190.98% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 43.26 (%).Trend:Decrease 48.43% than previous quarter

Overall: increasing (50.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.22 (%).Trend:Increase 2.65% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.72 (%).Trend:Increase 4.46% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.76 (%).Trend:Increase 0.34% than previous quarter

Overall: increasing (4.81%). 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 24.54 (%).Trend:Decrease 2.15% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 24.75 (%).Trend:Increase 0.86% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.25 (%).Trend:Increase 10.1% than previous quarter

Overall: increasing (11.04%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q3 2022 to Q2 2023 highlight significant volatility in key financial metrics.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue show large fluctuations, with substantial decreases followed by increases.  Selling, general, and administrative (SG&A) expense ratios show a slight, consistent increase. Investment efficiency (retained earnings on assets) shows a modest, consistent upward trend.