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 35.74 (%).Trend:Decrease 27.49% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 77.81 (%).Trend:Increase 117.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 44.39 (%).Trend:Decrease 42.95% than previous quarter

Overall: increasing (24.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 86.16 (%).Trend:Decrease 34.91% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 226.86 (%).Trend:Increase 163.3% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 122.85 (%).Trend:Decrease 45.85% than previous quarter

Overall: increasing (42.58%). 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 134.38 (%).Trend:Decrease 31.36% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 386.99 (%).Trend:Increase 187.98% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 197.97 (%).Trend:Decrease 48.84% than previous quarter

Overall: increasing (47.32%). Fluctuation: **Significant** (high variation).

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

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 92.78 (%).Trend:Increase 3.79% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 95.86 (%).Trend:Increase 3.32% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 91.9 (%).Trend:Decrease 4.13% than previous quarter

Overall: decreasing (-0.95%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2022 to Q2 2023 reveals significant fluctuations across various metrics. Working capital efficiency (liabilities and current assets on revenue) showed overall increases, but with considerable quarter-to-quarter variability. Cost efficiency, measured by the retained earnings-to-revenue ratio, also increased but with substantial volatility. Investment efficiency (retained earnings on assets), on the other hand, exhibited a very minimal overall change and little quarter-to-quarter variation.  Earnings per share data is unavailable, preventing a parallel analysis.