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 52.98 (%).Trend:Decrease 34.6% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 161.56 (%).Trend:Increase 204.95% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 82.22 (%).Trend:Decrease 49.11% than previous quarter

Overall: increasing (55.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 123.77 (%).Trend:Decrease 33.96% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 363.24 (%).Trend:Increase 193.48% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 185.09 (%).Trend:Decrease 49.04% than previous quarter

Overall: increasing (49.54%). 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 -49.69 (%).Trend:Decrease 31.78% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -135.69 (%).Trend:Increase 173.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -77.57 (%).Trend:Decrease 42.83% than previous quarter

Overall: decreasing (56.11%). 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 -27.29 (%).Trend:Increase 4.24% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -25.75 (%).Trend:Decrease 5.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -29.3 (%).Trend:Increase 13.79% than previous quarter

Overall: decreasing (7.37%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -2.03 (USD).Trend:Increase 47.1% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.78 (USD).Trend:Decrease 61.58% than previous quarter
Year 2023 Quarter 2: Earning Per Share -3.17 (USD).Trend:Increase 306.41% than previous quarter

Overall: decreasing (56.16%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 financial data shows a volatile trend in working capital efficiency. Liabilities on revenue are increasing (55.19%) with substantial variation. Current assets on revenue are also increasing (49.54%).  Cost efficiency shows a significant decreasing trend in the ratio of retained earnings to revenue (56.11%). Invest Efficiency shows a decreasing trend of retained earnings on assets (7.37%), with significant variation. Earning per share (EPS) show significant variation and a negative trend (56.16%).