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 65.94 (%).Trend:Decrease 32.96% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 183.29 (%).Trend:Increase 177.96% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 89.24 (%).Trend:Decrease 51.31% than previous quarter

Overall: increasing (35.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 71.58 (%).Trend:Decrease 34.15% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 225.49 (%).Trend:Increase 215.02% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 115.45 (%).Trend:Decrease 48.8% than previous quarter

Overall: increasing (61.29%). 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 34.48 (%).Trend:Decrease 27.84% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 123.6 (%).Trend:Increase 258.47% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 64.14 (%).Trend:Decrease 48.11% than previous quarter

Overall: increasing (86.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 42.02 (%).Trend:Decrease 0.19% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 42.43 (%).Trend:Increase 0.98% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 41.8 (%).Trend:Decrease 1.48% than previous quarter

Overall: decreasing (-0.52%). 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 10.26 (%).Trend:Increase 8.57% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 11.79 (%).Trend:Increase 14.91% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 12.52 (%).Trend:Increase 6.19% than previous quarter

Overall: increasing (22.03%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.04 (USD).Trend:Increase 38.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.27 (USD).Trend:Decrease 74.04% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.58 (USD).Trend:Increase 114.81% than previous quarter

Overall: decreasing (-44.23%). Fluctuation: **Significant** (high variation).



Analysis from Q3 2022 to Q2 2023 reveals significant fluctuations in key metrics.  Liabilities and current assets on revenue increased overall but with considerable volatility. The ratio of retained earnings to revenue also increased substantially, indicating potential growth but also risk.  Conversely, SG&A expenses remained relatively stable, while retained earnings on assets showed steady growth. Earnings per share, however, experienced significant decreases.