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 2291.24 (%).Trend:Decrease 34.11% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 4288.27 (%).Trend:Increase 87.16% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 1876.12 (%).Trend:Decrease 56.25% than previous quarter

Overall: decreasing (-18.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 2393.06 (%).Trend:Decrease 33.9% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 4625.24 (%).Trend:Increase 93.28% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 2063.69 (%).Trend:Decrease 55.38% than previous quarter

Overall: decreasing (-13.76%). 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 202.93 (%).Trend:Decrease 34.68% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 621.44 (%).Trend:Increase 206.23% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 331.22 (%).Trend:Decrease 46.7% than previous quarter

Overall: increasing (63.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.29 (%).Trend:Decrease 0.43% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.99 (%).Trend:Increase 30.57% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.85 (%).Trend:Decrease 4.68% than previous quarter

Overall: increasing (24.45%). Fluctuation: **Neutral** (moderate 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 6.97 (%).Trend:Decrease 0.85% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 10.14 (%).Trend:Increase 45.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 11.69 (%).Trend:Increase 15.29% than previous quarter

Overall: increasing (67.72%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.83 (USD).Trend:Decrease 15.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.17 (USD).Trend:Decrease 36.07% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.6 (USD).Trend:Increase 122.22% than previous quarter

Overall: increasing (42.08%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023 data reveals significant fluctuations. Liabilities on Revenue and Current Assets on Revenue decreased overall, but with high variation. The Ratio of Retained Earnings to Revenue increased significantly (63.22%), showing high variation.  The SG&A Expense Ratio increased moderately, and Retained Earning on Assets increased significantly (67.72%), with moderate variation.  Earning Per Share increased significantly (42.08%), showing high variation.