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 37.17 (%).Trend:Decrease 35.01% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 119.15 (%).Trend:Increase 220.55% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 57.63 (%).Trend:Decrease 51.63% than previous quarter

Overall: increasing (55.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 28.46 (%).Trend:Decrease 39.11% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 91.96 (%).Trend:Increase 223.12% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 50.09 (%).Trend:Decrease 45.53% than previous quarter

Overall: increasing (76.0%). 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 78.32 (%).Trend:Decrease 35.26% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 247.84 (%).Trend:Increase 216.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 107.27 (%).Trend:Decrease 56.72% than previous quarter

Overall: increasing (36.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.15 (%).Trend:Decrease 6.04% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.16 (%).Trend:Increase 4.78% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.31 (%).Trend:Decrease 8.35% than previous quarter

Overall: decreasing (-3.97%). 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 28.33 (%).Trend:Increase 4.38% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 26.6 (%).Trend:Decrease 6.11% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 26.61 (%).Trend:Increase 0.04% than previous quarter

Overall: decreasing (-6.07%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows significant fluctuations, with liabilities and current assets on revenue increasing significantly in Q1 2023 before decreasing. Cost efficiency reveals a slight overall decrease in SG&A expense ratio with little fluctuation.  The ratio of retained earnings to revenue increased markedly in Q1 2023 but declined significantly in the subsequent quarters.  Investment efficiency displays a small overall decrease in retained earnings on assets, demonstrating minimal fluctuation.