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 37.18 (%).Trend:Decrease 17.87% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 84.39 (%).Trend:Increase 126.98% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.8 (%).Trend:Decrease 50.47% than previous quarter

Overall: increasing (12.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 81.96 (%).Trend:Decrease 26.94% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 195.67 (%).Trend:Increase 138.74% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 96.41 (%).Trend:Decrease 50.73% than previous quarter

Overall: increasing (17.63%). 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 69.06 (%).Trend:Decrease 37.63% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 164.63 (%).Trend:Increase 138.39% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 81.13 (%).Trend:Decrease 50.72% than previous quarter

Overall: increasing (17.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.16 (%).Trend:Decrease 3.71% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.19 (%).Trend:Decrease 8.69% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.25 (%).Trend:Increase 0.59% than previous quarter

Overall: decreasing (-8.15%). 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 47.92 (%).Trend:Decrease 22.42% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 47.18 (%).Trend:Decrease 1.54% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 47.99 (%).Trend:Increase 1.72% than previous quarter

Overall: increasing (0.15%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.87 (USD).Trend:Increase 52.63% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.24 (USD).Trend:Decrease 72.41% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.19 (USD).Trend:Decrease 20.83% than previous quarter

Overall: decreasing (-78.16%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 financial data show that working capital is increasing, with significant variation in both liabilities on revenue (12.43%) and current assets on revenue (17.63%).  Cost efficiency, measured by the ratio of retained earnings to revenue, is also increasing (17.48%), while SG&A expense ratio slightly decreases (-8.15%), reflecting little variation. Investment efficiency, as measured by retained earnings on assets, is virtually flat (0.15%). Earnings per share demonstrate a significant decrease (-78.16%).