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 46.0 (%).Trend:Decrease 39.31% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 128.67 (%).Trend:Increase 179.72% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 75.07 (%).Trend:Decrease 41.66% than previous quarter

Overall: increasing (63.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.5 (%).Trend:Decrease 36.66% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 131.1 (%).Trend:Increase 145.05% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.61 (%).Trend:Decrease 49.95% than previous quarter

Overall: increasing (22.64%). 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 67.29 (%).Trend:Decrease 32.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 171.76 (%).Trend:Increase 155.25% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 84.46 (%).Trend:Decrease 50.83% than previous quarter

Overall: increasing (25.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.67 (%).Trend:Increase 3.71% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.48 (%).Trend:Increase 20.88% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.2 (%).Trend:Decrease 2.67% than previous quarter

Overall: increasing (17.65%). 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 56.88 (%).Trend:Increase 5.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 47.35 (%).Trend:Decrease 16.75% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 46.96 (%).Trend:Decrease 0.82% than previous quarter

Overall: decreasing (-17.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 200.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -3.0 (USD).Trend:Decrease 400.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.0 (USD).Trend:Decrease 66.67% than previous quarter

Overall: decreasing (-200.0%). Fluctuation: **Significant** (high variation).



The period from Q3 2022 to Q2 2023 shows increases in liabilities on revenue (63.2%), current assets on revenue (22.64%), and the ratio of retained earnings to revenue (25.52%), all with significant fluctuation.  The SG&A expense ratio also increased (17.65%), but with little variation.  Retained earnings on assets and earnings per share both decreased significantly.