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 19.61 (%).Trend:Decrease 37.81% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 61.55 (%).Trend:Increase 213.87% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 26.97 (%).Trend:Decrease 56.18% than previous quarter

Overall: increasing (37.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 40.64 (%).Trend:Decrease 39.06% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 138.41 (%).Trend:Increase 240.58% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.42 (%).Trend:Decrease 52.73% than previous quarter

Overall: increasing (60.97%). 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 23.19 (%).Trend:Decrease 32.27% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 74.83 (%).Trend:Increase 222.68% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 37.35 (%).Trend:Decrease 50.09% than previous quarter

Overall: increasing (61.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.77 (%).Trend:Decrease 6.27% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.1 (%).Trend:Increase 4.25% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.82 (%).Trend:Decrease 3.46% than previous quarter

Overall: increasing (0.64%). 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 21.02 (%).Trend:Increase 7.68% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 21.34 (%).Trend:Increase 1.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 22.43 (%).Trend:Increase 5.11% than previous quarter

Overall: increasing (6.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 37.93% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: stable (0.0%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 displays significant variations. Working capital efficiency shows a decreasing trend in liabilities on revenue, followed by a substantial increase and subsequent decrease. A similar pattern is seen with current assets on revenue. Cost efficiency shows a substantial increase in the retained earnings to revenue ratio, followed by a decline. The selling, general, and administrative (SG&A) expense ratio shows a slight overall increase. Investment efficiency shows a stable, positive trend in retained earnings on assets. Earnings per share show substantial fluctuations, initially declining, then increasing, and finally increasing again.