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 42.95 (%).Trend:Decrease 45.41% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26.36 (%).Trend:Decrease 38.63% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.61 (%).Trend:Increase 8.54% than previous quarter

Overall: decreasing (-33.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 96.91 (%).Trend:Decrease 47.92% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 63.05 (%).Trend:Decrease 34.94% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 89.24 (%).Trend:Increase 41.54% than previous quarter

Overall: decreasing (-7.91%). Fluctuation: **Neutral** (moderate 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 -238.19 (%).Trend:Decrease 51.46% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -156.2 (%).Trend:Decrease 34.42% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -203.83 (%).Trend:Increase 30.49% than previous quarter

Overall: increasing (-14.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.7 (%).Trend:Decrease 7.87% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.35 (%).Trend:Decrease 1.54% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.34 (%).Trend:Decrease 4.52% than previous quarter

Overall: decreasing (-5.99%). Fluctuation: **Little** (low variation).


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 -51.89 (%).Trend:Decrease 1.39% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -51.89 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -51.78 (%).Trend:Decrease 0.21% than previous quarter

Overall: increasing (-0.21%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows a decline in liabilities on revenue from Q2 2022 to Q2 2023, with substantial fluctuations.  Current assets on revenue also declined slightly with moderate variation. Cost efficiency demonstrates a modest decline in the SG&A expense ratio, with limited fluctuation. The ratio of retained earnings to revenue shows an overall increase, despite substantial variations. Investment efficiency displays a slight increase in retained earnings on assets, with substantial variation.