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 19.78 (%).Trend:Decrease 36.7% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 61.16 (%).Trend:Increase 209.2% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.61 (%).Trend:Decrease 53.22% than previous quarter

Overall: increasing (44.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 27.4 (%).Trend:Decrease 38.76% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 79.32 (%).Trend:Increase 189.49% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.6 (%).Trend:Increase 1.61% than previous quarter

Overall: increasing (194.16%). 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 57.21 (%).Trend:Decrease 32.91% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 158.08 (%).Trend:Increase 176.32% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 79.22 (%).Trend:Decrease 49.89% than previous quarter

Overall: increasing (38.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.3 (%).Trend:Increase 1.34% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.33 (%).Trend:Increase 12.41% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.67 (%).Trend:Decrease 7.07% than previous quarter

Overall: increasing (4.46%). 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 29.47 (%).Trend:Increase 1.06% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 27.04 (%).Trend:Decrease 8.25% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.78 (%).Trend:Decrease 12.06% than previous quarter

Overall: decreasing (-19.31%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.27 (USD).Trend:Increase 46.45% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.58 (USD).Trend:Decrease 74.45% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.22 (USD).Trend:Increase 110.34% than previous quarter

Overall: decreasing (-46.26%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023,  liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased, although with substantial fluctuations.  The SG&A expense ratio showed a small overall increase, with low variation.  Retained earnings on assets and earnings per share decreased, the latter showing significant variation.  These figures indicate volatile financial performance requiring further investigation.