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 20.56 (%).Trend:Decrease 33.35% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 60.74 (%).Trend:Increase 195.43% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.64 (%).Trend:Decrease 51.2% than previous quarter

Overall: increasing (44.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 21.31 (%).Trend:Decrease 33.07% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 62.73 (%).Trend:Increase 194.37% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 31.29 (%).Trend:Decrease 50.12% than previous quarter

Overall: increasing (46.83%). 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 9.23 (%).Trend:Decrease 29.97% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 30.15 (%).Trend:Increase 226.65% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 15.81 (%).Trend:Decrease 47.56% than previous quarter

Overall: increasing (71.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.87 (%).Trend:Decrease 2.42% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.03 (%).Trend:Increase 1.8% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.99 (%).Trend:Decrease 0.44% than previous quarter

Overall: increasing (1.35%). 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 22.39 (%).Trend:Increase 4.82% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 24.86 (%).Trend:Increase 11.03% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.94 (%).Trend:Increase 4.34% than previous quarter

Overall: increasing (15.86%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 8.0 (USD).Trend:Increase 60.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.0 (USD).Trend:Decrease 62.5% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-25.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency, specifically liabilities and current assets on revenue, demonstrates substantial quarterly fluctuations. Cost efficiency, specifically the retained earnings-to-revenue ratio, exhibits significant changes, with an overall increase of 71.29%.  SG&A expense ratio shows minimal changes overall.  Investment efficiency displays steady increases in retained earnings on assets. Earnings per share show significant variation, decreasing by 25% overall.  The consistent changes and fluctuations warrant further investigation.