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 40.3 (%).Trend:Decrease 35.14% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 135.19 (%).Trend:Increase 235.46% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 67.43 (%).Trend:Decrease 50.12% than previous quarter

Overall: increasing (67.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 73.15 (%).Trend:Decrease 27.32% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 206.52 (%).Trend:Increase 182.32% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 104.82 (%).Trend:Decrease 49.24% than previous quarter

Overall: increasing (43.29%). 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 11.94 (%).Trend:Decrease 35.53% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 34.65 (%).Trend:Increase 190.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 17.96 (%).Trend:Decrease 48.17% than previous quarter

Overall: increasing (50.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 6.73 (%).Trend:Decrease 4.13% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 6.57 (%).Trend:Decrease 2.38% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 6.73 (%).Trend:Increase 2.44% than previous quarter

Overall: stable (0.0%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial results from Q3 2022 to Q2 2023 reveal notable volatility. Working capital metrics, including liabilities and current assets on revenue, exhibit significant fluctuations, with large increases in Q1 2023 followed by decreases in Q2 2023. Cost efficiency, as indicated by the ratio of retained earnings to revenue, also displays substantial variation.  Investment efficiency is relatively stable.  Earnings per share data is not included.