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 22.06 (%).Trend:Decrease 49.74% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.13 (%).Trend:Decrease 22.35% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 22.12 (%).Trend:Increase 29.13% than previous quarter

Overall: increasing (0.27%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 56.11 (%).Trend:Decrease 54.42% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 35.87 (%).Trend:Decrease 36.07% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 31.72 (%).Trend:Decrease 11.57% than previous quarter

Overall: decreasing (-43.47%). 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 58.29 (%).Trend:Decrease 47.03% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 41.32 (%).Trend:Decrease 29.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 72.8 (%).Trend:Increase 76.19% than previous quarter

Overall: increasing (24.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 8.88 (%).Trend:Increase 8.69% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 9.62 (%).Trend:Increase 8.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 10.87 (%).Trend:Increase 12.99% than previous quarter

Overall: increasing (22.41%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial performance from Q2 2022 to Q2 2023 reveals a mixed picture.  Working capital shows a slight increase in liabilities on revenue (0.27%) but a significant decrease in current assets (-43.47%).  Cost efficiency, measured by the ratio of retained earnings to revenue, demonstrates an overall increase (24.89%) with significant variation. Investment efficiency continued a stable growth pattern (22.41%).