Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 25.47 (%).Trend:Decrease 65.1% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.49 (%).Trend:Increase 19.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 22.07 (%).Trend:Decrease 27.62% than previous quarter

Overall: decreasing (-13.35%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 163.46 (%).Trend:Increase 51.11% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 89.28 (%).Trend:Decrease 45.38% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 138.84 (%).Trend:Increase 55.51% than previous quarter

Overall: decreasing (-15.06%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -98.41 (%).Trend:Decrease 48.62% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -68.03 (%).Trend:Decrease 30.87% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -96.01 (%).Trend:Increase 41.13% than previous quarter

Overall: increasing (-2.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 46.68 (%).Trend:Increase 1.77% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 44.29 (%).Trend:Decrease 5.12% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 42.26 (%).Trend:Decrease 4.58% than previous quarter

Overall: decreasing (-9.47%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets -23.33 (%).Trend:Decrease 21.34% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -25.07 (%).Trend:Increase 7.46% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -23.88 (%).Trend:Decrease 4.75% than previous quarter

Overall: decreasing (2.36%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows fluctuating trends. Liabilities on revenue decreased overall by 13.35%, but with significant quarter-to-quarter variation.  Current assets on revenue also decreased (-15.06%), with even greater volatility.  Cost efficiency shows a slight overall decrease (-9.47%) in the SG&A expense ratio, with low quarter-to-quarter variability. The ratio of retained earnings to revenue increased overall (-2.44%) with significant volatility.  Investment efficiency shows a decrease (-2.36%) in retained earnings on assets, which also exhibits considerable fluctuation.