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 96.44 (%).Trend:Decrease 32.25% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 213.95 (%).Trend:Increase 121.85% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 35.89 (%).Trend:Decrease 83.23% than previous quarter

Overall: decreasing (-62.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 60.75 (%).Trend:Decrease 27.52% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 154.05 (%).Trend:Increase 153.58% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 73.97 (%).Trend:Decrease 51.98% than previous quarter

Overall: increasing (21.76%). 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 -62.52 (%).Trend:Decrease 31.01% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -161.36 (%).Trend:Increase 158.09% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -77.45 (%).Trend:Decrease 52.0% than previous quarter

Overall: decreasing (23.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.66 (%).Trend:Decrease 16.28% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.07 (%).Trend:Increase 5.49% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.14 (%).Trend:Decrease 7.13% than previous quarter

Overall: decreasing (-2.03%). 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 -62.86 (%).Trend:Increase 6.85% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -56.74 (%).Trend:Decrease 9.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -58.32 (%).Trend:Increase 2.78% than previous quarter

Overall: increasing (-7.22%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.0 (USD).Trend:Decrease 25.37% than previous quarter
Year 2023 Quarter 1: Earning Per Share -5.0 (USD).Trend:Increase 400.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -9.0 (USD).Trend:Increase 80.0% than previous quarter

Overall: decreasing (800.0%). Fluctuation: **Significant** (high variation).



This analysis covers Q3 2022 to Q2 2023. Liabilities on Revenue decreased (-62.79%) with significant fluctuation, while Current assets on Revenue increased (21.76%) with significant fluctuation. Cost efficiency shows a decreasing Ratio of Retained Earnings to Revenue (-23.88%) with significant fluctuation, and a slightly decreasing SG&A Expense Ratio (-2.03%) with little variation. Invest efficiency demonstrates a decreasing trend in Retained Earning on Assets (-7.22%) alongside significant fluctuation, and a decreasing trend in Earning Per Share (-800.0%) with significant fluctuation. The company experiences volatile performance, particularly in liabilities and earnings.