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 46.0 (%).Trend:Decrease 39.31% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 128.67 (%).Trend:Increase 179.72% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 75.07 (%).Trend:Decrease 41.66% than previous quarter

Overall: increasing (63.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.5 (%).Trend:Decrease 36.66% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 131.1 (%).Trend:Increase 145.05% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.61 (%).Trend:Decrease 49.95% than previous quarter

Overall: increasing (22.64%). 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 67.29 (%).Trend:Decrease 32.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 171.76 (%).Trend:Increase 155.25% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 84.46 (%).Trend:Decrease 50.83% than previous quarter

Overall: increasing (25.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.67 (%).Trend:Increase 3.71% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.48 (%).Trend:Increase 20.88% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.2 (%).Trend:Decrease 2.67% than previous quarter

Overall: increasing (17.65%). 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 56.88 (%).Trend:Increase 5.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 47.35 (%).Trend:Decrease 16.75% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 46.96 (%).Trend:Decrease 0.82% than previous quarter

Overall: decreasing (-17.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 200.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -3.0 (USD).Trend:Decrease 400.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.0 (USD).Trend:Decrease 66.67% than previous quarter

Overall: decreasing (-200.0%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities and current assets on revenue increased overall, though with significant fluctuations. The ratio of retained earnings to revenue also increased, showing significant variation. The SG&A expense ratio increased slightly with low fluctuation. Retained earnings on assets decreased, and earnings per share decreased significantly with high variation.