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

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 34.14 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.03 (%).Trend:Decrease 26.68% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 27.0 (%).Trend:Increase 7.87% than previous quarter

Overall: decreasing (-20.91%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 72.34 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 50.15 (%).Trend:Decrease 30.67% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 50.85 (%).Trend:Increase 1.4% than previous quarter

Overall: decreasing (-29.71%). Fluctuation: **Neutral** (moderate variation).


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

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 58.47 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 44.5 (%).Trend:Decrease 23.89% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 58.11 (%).Trend:Increase 30.58% than previous quarter

Overall: decreasing (-0.62%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.82 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.35 (%).Trend:Decrease 5.33% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.05 (%).Trend:Increase 32.34% than previous quarter

Overall: increasing (25.28%). Fluctuation: **Neutral** (moderate variation).


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

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 31.85 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 34.87 (%).Trend:Increase 9.48% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 37.13 (%).Trend:Increase 6.48% than previous quarter

Overall: increasing (16.58%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data spanning Q2 2022 to Q3 2023 indicates a mixed financial performance. Liabilities and current assets on revenue display a negative overall trend but with fluctuating quarterly changes. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a similar pattern of decrease followed by an increase. SG&A expenses are increasing, while investment efficiency and retained earnings on assets demonstrate a consistent upward trend.