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 31.59 (%).Trend:Decrease 23.25% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 80.58 (%).Trend:Increase 155.08% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.2 (%).Trend:Decrease 52.59% than previous quarter

Overall: increasing (20.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 35.32 (%).Trend:Decrease 28.68% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 93.33 (%).Trend:Increase 164.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 44.55 (%).Trend:Decrease 52.27% than previous quarter

Overall: increasing (26.13%). 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 7.72 (%).Trend:Decrease 31.8% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 31.75 (%).Trend:Increase 311.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 16.45 (%).Trend:Decrease 48.19% than previous quarter

Overall: increasing (113.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.2 (%).Trend:Increase 0.74% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.43 (%).Trend:Increase 0.65% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.58 (%).Trend:Increase 0.42% than previous quarter

Overall: increasing (1.08%). 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 6.47 (%).Trend:Decrease 1.52% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 9.67 (%).Trend:Increase 49.46% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 10.24 (%).Trend:Increase 5.89% than previous quarter

Overall: increasing (58.27%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.68 (USD).Trend:Increase 58.14% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.5 (USD).Trend:Decrease 26.47% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.98 (USD).Trend:Increase 96.0% than previous quarter

Overall: increasing (44.12%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, Liabilities on Revenue increased (20.92%), Current assets on Revenue increased (26.13%), Ratio of Retained Earnings to Revenue increased significantly (113.08%), SG&A Expense Ratio increased slightly (1.08%), Retained Earning on Assets increased (58.27%), and Earning Per Share increased (44.12%).  Significant fluctuation was observed in most metrics except SG&A.