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 14.36 (%).Trend:Decrease 33.52% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 38.87 (%).Trend:Increase 170.68% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 22.68 (%).Trend:Decrease 41.65% than previous quarter

Overall: increasing (57.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 40.49 (%).Trend:Decrease 33.92% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 122.26 (%).Trend:Increase 201.95% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.67 (%).Trend:Decrease 46.29% than previous quarter

Overall: increasing (62.19%). 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 12.2 (%).Trend:Decrease 38.97% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 40.07 (%).Trend:Increase 228.44% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 21.02 (%).Trend:Decrease 47.54% than previous quarter

Overall: increasing (72.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.96 (%).Trend:Increase 4.33% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.6 (%).Trend:Increase 20.6% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.74 (%).Trend:Increase 1.46% than previous quarter

Overall: increasing (22.36%). 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 21.39 (%).Trend:Decrease 7.04% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 23.25 (%).Trend:Increase 8.7% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.08 (%).Trend:Decrease 0.73% than previous quarter

Overall: increasing (7.9%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.25 (USD).Trend:Increase 4.17% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.17 (USD).Trend:Decrease 32.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.29 (USD).Trend:Increase 70.59% than previous quarter

Overall: increasing (16.0%). Fluctuation: **Significant** (high variation).



Between Q3 2022 and Q2 2023, Liabilities on Revenue and Current Assets on Revenue increased significantly, exhibiting substantial fluctuation.  The Ratio of Retained Earnings to Revenue also showed a large increase with significant variation.  The SG&A Expense Ratio increased slightly with low variation, while Retained Earnings on Assets showed a small increase and low variation. Earning Per Share increased, showing significant fluctuation.