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 18.23 (%).Trend:Decrease 20.95% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 69.81 (%).Trend:Increase 282.94% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 31.85 (%).Trend:Decrease 54.38% than previous quarter

Overall: increasing (74.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 189.01 (%).Trend:Decrease 28.35% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 570.6 (%).Trend:Increase 201.89% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 277.76 (%).Trend:Decrease 51.32% than previous quarter

Overall: increasing (46.96%). 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 29.29 (%).Trend:Decrease 57.87% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 62.06 (%).Trend:Increase 111.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 9.14 (%).Trend:Decrease 85.27% than previous quarter

Overall: decreasing (-68.79%). 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 5.82 (%).Trend:Decrease 41.09% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 4.22 (%).Trend:Decrease 27.49% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.22 (%).Trend:Decrease 71.09% than previous quarter

Overall: decreasing (-79.04%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -4.83 (USD).Trend:Increase 54.81% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.01 (USD).Trend:Decrease 79.09% than previous quarter
Year 2023 Quarter 2: Earning Per Share -2.2 (USD).Trend:Increase 117.82% than previous quarter

Overall: increasing (-54.45%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased dramatically in Q1 2023, then decreased substantially in Q2 and Q3 2023. Current assets on revenue also show a pattern of significant fluctuations, increasing sharply in Q1 2023, then decreasing in Q2 and Q3. Cost efficiency is indicated by a significant decline in the ratio of retained earnings to revenue across the three quarters. Invest efficiency shows a significant decrease in retained earnings on assets, with declines in each quarter. Earnings per share exhibit high volatility, rising in Q3 2022 and then declining in Q1 2023, before rising again in Q2 2023. Overall, the data points to a period of significant and unsteady financial performance.