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 15.19 (%).Trend:Decrease 37.69% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 46.43 (%).Trend:Increase 205.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 19.68 (%).Trend:Decrease 57.61% than previous quarter

Overall: increasing (29.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 60.47 (%).Trend:Decrease 33.2% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 170.06 (%).Trend:Increase 181.23% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 83.83 (%).Trend:Decrease 50.71% than previous quarter

Overall: increasing (38.63%). 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 61.3 (%).Trend:Decrease 32.69% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 178.26 (%).Trend:Increase 190.8% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 91.18 (%).Trend:Decrease 48.85% than previous quarter

Overall: increasing (48.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.1 (%).Trend:Decrease 0.59% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.57 (%).Trend:Decrease 2.11% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.57 (%).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-2.11%). 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 70.01 (%).Trend:Increase 1.38% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 72.41 (%).Trend:Increase 3.43% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 74.55 (%).Trend:Increase 2.96% than previous quarter

Overall: increasing (6.48%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows significant fluctuations. Liabilities on revenue increased significantly (29.56%) in the period from Q3 2022 to Q2 2023, while current assets on revenue also increased (38.63%), but with substantial volatility.  Cost efficiency shows a slight decrease in the SG&A expense ratio (-2.11%) with minimal variation.  Investment efficiency exhibits a steady increase in retained earnings on assets (6.48%) with little fluctuation.  Overall, the financial health demonstrates significant growth potential in working capital and cost efficiency, but with substantial variation.