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 15.08 (%).Trend:Decrease 34.12% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 47.52 (%).Trend:Increase 215.12% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 21.77 (%).Trend:Decrease 54.19% than previous quarter

Overall: increasing (44.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 26.69 (%).Trend:Decrease 32.29% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 84.01 (%).Trend:Increase 214.76% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 37.45 (%).Trend:Decrease 55.42% than previous quarter

Overall: increasing (40.31%). 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 3.33 (%).Trend:Increase 125.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 12.92 (%).Trend:Increase 287.99% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 7.48 (%).Trend:Decrease 42.11% than previous quarter

Overall: increasing (124.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.97 (%).Trend:Decrease 1.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.85 (%).Trend:Decrease 3.02% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.54 (%).Trend:Decrease 8.05% than previous quarter

Overall: decreasing (-10.83%). 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 2.89 (%).Trend:Increase 248.19% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 3.77 (%).Trend:Increase 30.45% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.65 (%).Trend:Increase 23.34% than previous quarter

Overall: increasing (60.9%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Working capital efficiency reveals significant fluctuation, with both liabilities and current assets on revenue increasing, but with substantial variance. Cost efficiency shows a consistent decline in the SG&A expense ratio, with little fluctuation.  The ratio of retained earnings to revenue increases noticeably but with substantial quarter-to-quarter variation. Investment efficiency demonstrates an overall increase in retained earnings on assets with a moderate level of fluctuation.  The provided data lacks crucial earning per share information.