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 12.41 (%).Trend:Decrease 31.59% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 35.73 (%).Trend:Increase 187.91% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 17.36 (%).Trend:Decrease 51.41% than previous quarter

Overall: increasing (39.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 16.83 (%).Trend:Decrease 32.11% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 47.93 (%).Trend:Increase 184.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 23.25 (%).Trend:Decrease 51.49% than previous quarter

Overall: increasing (38.15%). 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 3.63 (%).Trend:Decrease 26.96% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 12.7 (%).Trend:Increase 249.86% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 7.22 (%).Trend:Decrease 43.15% than previous quarter

Overall: increasing (98.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.25 (%).Trend:Decrease 1.04% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.49 (%).Trend:Increase 1.68% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.28 (%).Trend:Decrease 1.45% than previous quarter

Overall: increasing (0.21%). 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 7.0 (%).Trend:Increase 10.24% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 8.32 (%).Trend:Increase 18.86% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 9.72 (%).Trend:Increase 16.83% than previous quarter

Overall: increasing (38.86%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.65 (USD).Trend:Increase 225.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 49.23% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.11 (USD).Trend:Increase 236.36% than previous quarter

Overall: increasing (70.77%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 shows volatility. Liabilities on revenue and current assets on revenue fluctuate significantly, demonstrating substantial increases and decreases.  Cost efficiency reveals a stable SG&A expense ratio, with slight variations. Investment efficiency shows a steady upward trend for retained earnings on assets.  Earnings per share display significant volatility, including substantial increases and decreases.  A detailed analysis is needed to understand these trends.