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 28.57 (%).Trend:Decrease 38.19% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 113.31 (%).Trend:Increase 296.6% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.37 (%).Trend:Decrease 52.02% than previous quarter

Overall: increasing (90.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 40.45 (%).Trend:Decrease 37.21% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 157.3 (%).Trend:Increase 288.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 72.14 (%).Trend:Decrease 54.14% than previous quarter

Overall: increasing (78.34%). 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 4.94 (%).Trend:Decrease 28.82% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 13.21 (%).Trend:Increase 167.41% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 5.82 (%).Trend:Decrease 55.94% than previous quarter

Overall: increasing (17.81%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.9 (%).Trend:Increase 1.53% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.6 (%).Trend:Increase 12.33% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.22 (%).Trend:Decrease 5.61% than previous quarter

Overall: increasing (6.03%). 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 6.22 (%).Trend:Increase 7.8% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 4.24 (%).Trend:Decrease 31.83% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.11 (%).Trend:Decrease 3.07% than previous quarter

Overall: decreasing (-33.92%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.01 (USD).Trend:Increase 32.34% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.07 (USD).Trend:Decrease 98.25% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.72 (USD).Trend:Increase 928.57% than previous quarter

Overall: decreasing (-82.04%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 data reveals substantial volatility. Liabilities on Revenue and Current assets on Revenue increased significantly despite significant quarter-to-quarter changes. The Ratio of Retained Earnings to Revenue shows an overall increase with high fluctuation. SG&A expense ratio shows a slight increase with low variation.  Retained Earning on Assets and Earnings Per Share show overall decreases, with significant fluctuations in Earnings Per Share.