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 28.15 (%).Trend:Decrease 25.86% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 68.91 (%).Trend:Increase 144.8% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 34.49 (%).Trend:Decrease 49.95% than previous quarter

Overall: increasing (22.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 100.23 (%).Trend:Decrease 33.65% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 152.31 (%).Trend:Increase 51.96% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 77.66 (%).Trend:Decrease 49.01% than previous quarter

Overall: decreasing (-22.52%). 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 -19.7 (%).Trend:Decrease 35.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -32.6 (%).Trend:Increase 65.48% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -17.21 (%).Trend:Decrease 47.21% than previous quarter

Overall: increasing (-12.64%). 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 -8.13 (%).Trend:Increase 2.52% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -5.22 (%).Trend:Decrease 35.79% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -5.32 (%).Trend:Increase 1.92% than previous quarter

Overall: increasing (-34.56%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.55 (USD).Trend:Increase 5.77% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.14 (USD).Trend:Decrease 125.45% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.01 (USD).Trend:Decrease 107.14% than previous quarter

Overall: increasing (-98.18%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities on revenue increased overall, while current assets decreased. The ratio of retained earnings to revenue increased overall, but fluctuated significantly. Retained earnings on assets increased overall despite fluctuations. Earnings per share increased overall, with a significant shift from positive to negative values.