Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 30.7 (%).Trend:Decrease 48.46% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 15.93 (%).Trend:Decrease 48.11% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 47.76 (%).Trend:Increase 199.81% than previous quarter

Overall: increasing (55.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 60.46 (%).Trend:Decrease 43.9% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 38.95 (%).Trend:Decrease 35.58% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.65 (%).Trend:Increase 107.06% than previous quarter

Overall: increasing (33.39%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 32.34 (%).Trend:Decrease 40.11% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 24.61 (%).Trend:Decrease 23.9% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 64.0 (%).Trend:Increase 160.06% than previous quarter

Overall: increasing (97.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 16.6 (%).Trend:Increase 17.15% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 19.04 (%).Trend:Increase 14.7% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 20.47 (%).Trend:Increase 7.51% than previous quarter

Overall: increasing (23.31%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.02 (USD).Trend:Increase 126.67% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.44 (USD).Trend:Increase 41.18% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.14 (USD).Trend:Decrease 90.28% than previous quarter

Overall: decreasing (-86.27%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2022 to Q2 2023, liabilities on revenue initially decreased, then experienced a large increase, indicating erratic trends.  Current assets on revenue also decreased then increased, showcasing significant variations. Cost efficiency, measured by the ratio of retained earnings to revenue, increased with significant fluctuations. Investment efficiency showed a neutral trend. Earnings per share fluctuated significantly, showing a sharp decrease at the end of the period. The data reveals a pattern of significant volatility in financial performance, particularly regarding working capital and earnings per share.