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 63.87 (%).Trend:Decrease 31.23% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 212.54 (%).Trend:Increase 232.77% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 108.31 (%).Trend:Decrease 49.04% than previous quarter

Overall: increasing (69.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 88.26 (%).Trend:Decrease 27.86% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 247.24 (%).Trend:Increase 180.13% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 126.74 (%).Trend:Decrease 48.74% than previous quarter

Overall: increasing (43.6%). 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 94.41 (%).Trend:Decrease 29.51% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 251.66 (%).Trend:Increase 166.56% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 127.76 (%).Trend:Decrease 49.23% than previous quarter

Overall: increasing (35.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 44.63 (%).Trend:Increase 0.13% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 46.62 (%).Trend:Increase 4.46% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45.9 (%).Trend:Decrease 1.54% than previous quarter

Overall: increasing (2.85%). 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 45.24 (%).Trend:Increase 1.03% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 40.22 (%).Trend:Decrease 11.1% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 40.45 (%).Trend:Increase 0.57% than previous quarter

Overall: decreasing (-10.59%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.08 (USD).Trend:Increase 29.52% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.14 (USD).Trend:Decrease 72.06% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.6 (USD).Trend:Increase 128.07% than previous quarter

Overall: decreasing (-36.27%). Fluctuation: **Significant** (high variation).



Analysis reveals significant fluctuations in key metrics over three quarters. Liabilities on revenue and current assets on revenue increased overall, but with substantial quarter-to-quarter volatility. Similarly, the ratio of retained earnings to revenue showed an overall increase but significant fluctuation.  Conversely, retained earnings on assets decreased slightly, while earnings per share showed a significant overall decrease. SG&A expenses showed a small increase.