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 714.92 (%).Trend:Increase 33.94% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 982.69 (%).Trend:Increase 37.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 635.48 (%).Trend:Decrease 35.33% than previous quarter

Overall: decreasing (-11.11%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 727.58 (%).Trend:Increase 31.03% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1010.42 (%).Trend:Increase 38.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 659.38 (%).Trend:Decrease 34.74% than previous quarter

Overall: decreasing (-9.37%). Fluctuation: **Neutral** (moderate 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 50.05 (%).Trend:Decrease 31.81% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 145.16 (%).Trend:Increase 190.03% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 74.09 (%).Trend:Decrease 48.96% than previous quarter

Overall: increasing (48.03%). Fluctuation: **Significant** (high variation).

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

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 6.12 (%).Trend:Decrease 42.59% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 11.51 (%).Trend:Increase 88.07% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 9.44 (%).Trend:Decrease 17.98% than previous quarter

Overall: increasing (54.25%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.38 (USD).Trend:Increase 86.49% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.55 (USD).Trend:Decrease 60.14% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.83 (USD).Trend:Increase 50.91% than previous quarter

Overall: decreasing (-39.86%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023 data, Liabilities on Revenue decreased by 11.11% with neutral fluctuation. Current Assets on Revenue also decreased by 9.37% with neutral fluctuation. The Ratio of Retained Earnings to Revenue increased by 48.03% with significant fluctuation, ranging from 50.05% to 145.16% to 74.09%. Retained Earnings on Assets increased by 54.25% with significant fluctuation, moving from 6.12% to 11.51% to 9.44%. Earnings Per Share decreased by 39.86% with significant fluctuation, varying from 1.38 to 0.55 to 0.83. These fluctuations highlight potential instability in financial performance.