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 24.48 (%).Trend:Decrease 33.32% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 110.32 (%).Trend:Increase 350.65% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.97 (%).Trend:Decrease 61.05% than previous quarter

Overall: increasing (75.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 35.47 (%).Trend:Decrease 24.21% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 97.25 (%).Trend:Increase 174.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 37.96 (%).Trend:Decrease 60.97% than previous quarter

Overall: increasing (7.02%). 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 300.87 (%).Trend:Decrease 35.89% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 950.29 (%).Trend:Increase 215.85% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 505.7 (%).Trend:Decrease 46.78% than previous quarter

Overall: increasing (68.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.66 (%).Trend:Decrease 0.5% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.75 (%).Trend:Increase 4.61% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.8 (%).Trend:Increase 8.28% than previous quarter

Overall: increasing (13.27%). 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 224.91 (%).Trend:Increase 17.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 236.07 (%).Trend:Increase 4.96% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 236.68 (%).Trend:Increase 0.26% than previous quarter

Overall: increasing (5.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -3.12 (USD).Trend:Increase 1633.33% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.68 (USD).Trend:Decrease 46.15% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.91 (USD).Trend:Decrease 45.83% than previous quarter

Overall: increasing (-70.83%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023 reveals significant increases in liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue, all exhibiting substantial fluctuation. The SG&A expense ratio showed a small, consistent increase. Retained earnings on assets increased slightly. Earnings per share increased significantly, demonstrating considerable volatility.