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 714.92 (%).Trend:Increase 33.94% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 982.69 (%).Trend:Increase 37.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 635.48 (%).Trend:Decrease 35.33% than previous quarter

Overall: decreasing (-11.11%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 727.58 (%).Trend:Increase 31.03% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1010.42 (%).Trend:Increase 38.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 659.38 (%).Trend:Decrease 34.74% than previous quarter

Overall: decreasing (-9.37%). Fluctuation: **Neutral** (moderate 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 50.05 (%).Trend:Decrease 31.81% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 145.16 (%).Trend:Increase 190.03% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 74.09 (%).Trend:Decrease 48.96% than previous quarter

Overall: increasing (48.03%). 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 6.12 (%).Trend:Decrease 42.59% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 11.51 (%).Trend:Increase 88.07% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 9.44 (%).Trend:Decrease 17.98% than previous quarter

Overall: increasing (54.25%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.38 (USD).Trend:Increase 86.49% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.55 (USD).Trend:Decrease 60.14% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.83 (USD).Trend:Increase 50.91% than previous quarter

Overall: decreasing (-39.86%). Fluctuation: **Significant** (high variation).



The financial data from Q3 2022 to Q2 2023 reveals fluctuating performance. Both Liabilities and Current Assets on Revenue decreased over the period, indicating potential challenges in managing working capital. However, the Ratio of Retained Earnings to Revenue and Retained Earnings on Assets both increased, suggesting improved profitability and asset utilization, albeit with significant volatility.  A notable decrease in Earnings Per Share signals potential concerns regarding shareholder value. Overall, the company exhibits mixed signals, requiring a deeper dive into the underlying causes of these trends to formulate effective strategies.