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 33.65 (%).Trend:Decrease 27.57% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 89.56 (%).Trend:Increase 166.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.34 (%).Trend:Decrease 52.72% than previous quarter

Overall: increasing (25.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 51.31 (%).Trend:Decrease 30.73% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 161.32 (%).Trend:Increase 214.4% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 73.09 (%).Trend:Decrease 54.69% than previous quarter

Overall: increasing (42.45%). 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 0.81 (%).Trend:Increase 22.73% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 0.5 (%).Trend:Decrease 38.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1.11 (%).Trend:Increase 122.0% than previous quarter

Overall: increasing (37.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.44 (%).Trend:Decrease 4.2% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.47 (%).Trend:Increase 35.9% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.34 (%).Trend:Decrease 18.57% than previous quarter

Overall: increasing (10.66%). Fluctuation: **Neutral** (moderate 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 1.04 (%).Trend:Increase 82.46% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 0.21 (%).Trend:Decrease 79.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.01 (%).Trend:Increase 380.95% than previous quarter

Overall: decreasing (-2.88%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data from Q3 2022 to Q2 2023 reveal significant volatility across key financial metrics. Liabilities on revenue fluctuated, increasing substantially in Q1 2023 before decreasing again in Q2. Current assets on revenue showed a similar pattern. Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibited considerable variation. The selling, general, and administrative (SG&A) expense ratio increased overall. Investment efficiency, measured by retained earnings on assets, experienced substantial swings.