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 39.82 (%).Trend:Decrease 25.6% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 149.07 (%).Trend:Increase 274.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 72.75 (%).Trend:Decrease 51.2% than previous quarter

Overall: increasing (82.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 74.03 (%).Trend:Decrease 31.32% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 250.1 (%).Trend:Increase 237.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 119.16 (%).Trend:Decrease 52.36% than previous quarter

Overall: increasing (60.96%). 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 104.63 (%).Trend:Decrease 29.76% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 367.99 (%).Trend:Increase 251.71% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 184.31 (%).Trend:Decrease 49.91% than previous quarter

Overall: increasing (76.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.66 (%).Trend:Increase 2.96% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.34 (%).Trend:Increase 14.92% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.89 (%).Trend:Decrease 1.59% than previous quarter

Overall: increasing (13.1%). 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 48.23 (%).Trend:Increase 3.77% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 48.61 (%).Trend:Increase 0.79% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 49.56 (%).Trend:Increase 1.95% than previous quarter

Overall: increasing (2.76%). Fluctuation: **Little** (low variation).

Earning Per Share


Reviewing Q3 2022 - Q2 2023 data highlights significant volatility in working capital efficiency metrics.  Liabilities and current assets on revenue show substantial overall growth punctuated by large quarterly declines.  Similarly, the ratio of retained earnings to revenue exhibits substantial growth but with significant fluctuations.  In contrast, SG&A expenses and retained earnings on assets demonstrated minor increases over the period.