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 31.27 (%).Trend:Decrease 56.96% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 88.38 (%).Trend:Increase 182.64% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.84 (%).Trend:Decrease 52.66% than previous quarter

Overall: increasing (33.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 103.3 (%).Trend:Decrease 43.12% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 328.38 (%).Trend:Increase 217.89% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 144.59 (%).Trend:Decrease 55.97% than previous quarter

Overall: increasing (39.97%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.0 (%).Trend:Increase 10.17% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.71 (%).Trend:Increase 4.18% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.25 (%).Trend:Decrease 13.89% than previous quarter

Overall: decreasing (-10.29%). 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
Earning Per Share


Financial analysis shows substantial fluctuations in working capital efficiency. Liabilities and current assets on revenue both saw considerable decreases and increases. Cost efficiency, reflected by the SG&A expense ratio, shows a modest overall decrease but little fluctuation. Investment efficiency data is absent.