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 18.87 (%).Trend:Decrease 23.35% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 101.52 (%).Trend:Increase 438.0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.8 (%).Trend:Decrease 51.93% than previous quarter

Overall: increasing (158.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 28.15 (%).Trend:Decrease 26.27% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 134.89 (%).Trend:Increase 379.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 63.07 (%).Trend:Decrease 53.24% than previous quarter

Overall: increasing (124.05%). 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 -5.95 (%).Trend:Decrease 34.18% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -113.35 (%).Trend:Increase 1805.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -56.63 (%).Trend:Decrease 50.04% than previous quarter

Overall: decreasing (851.76%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.59 (%).Trend:Increase 4.91% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.15 (%).Trend:Increase 35.29% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.02 (%).Trend:Increase 3.46% than previous quarter

Overall: increasing (39.97%). Fluctuation: **Neutral** (moderate 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 -6.74 (%).Trend:Decrease 5.73% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -37.82 (%).Trend:Increase 461.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -39.17 (%).Trend:Increase 3.57% than previous quarter

Overall: decreasing (481.16%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2022 to Q2 2023 show considerable volatility.  Working capital efficiency reveals significant fluctuation in liabilities and current assets on revenue, both trending upward initially, then decreasing. Cost efficiency shows substantial fluctuations in the ratio of retained earnings to revenue, consistently trending downward. The SG&A expense ratio shows a steady increase with only slight fluctuations, categorized as "Neutral" in volatility.  Investment efficiency demonstrates significant fluctuations with a consistent downward trend in retained earnings on assets.