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 20.72 (%).Trend:Decrease 40.49% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 53.69 (%).Trend:Increase 159.12% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.13 (%).Trend:Decrease 43.88% than previous quarter

Overall: increasing (45.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 26.96 (%).Trend:Decrease 33.99% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 76.36 (%).Trend:Increase 183.23% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 40.31 (%).Trend:Decrease 47.21% than previous quarter

Overall: increasing (49.52%). 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 4.77 (%).Trend:Increase 185.63% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 31.15 (%).Trend:Increase 553.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 20.32 (%).Trend:Decrease 34.77% than previous quarter

Overall: increasing (326.0%). 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 1.87 (%).Trend:Increase 334.88% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 4.35 (%).Trend:Increase 132.62% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 5.66 (%).Trend:Increase 30.11% than previous quarter

Overall: increasing (202.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.37 (USD).Trend:Increase 50.96% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.73 (USD).Trend:Decrease 69.2% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.53 (USD).Trend:Increase 109.59% than previous quarter

Overall: decreasing (-35.44%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 financial data show substantial volatility in key metrics. Working capital efficiency for both liabilities and current assets on revenue exhibits an increasing trend with significant fluctuations.  Cost efficiency, measured by retained earnings to revenue, demonstrates a strong increasing trend, followed by a decrease in Q2 2023.  Investment efficiency and earnings per share also show significant increases and decreases across the quarters. The analysis underscores a need for further investigation into the underlying factors driving these varied trends.