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 30.18 (%).Trend:Decrease 35.31% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 104.31 (%).Trend:Increase 245.63% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.49 (%).Trend:Decrease 53.51% than previous quarter

Overall: increasing (60.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 54.66 (%).Trend:Decrease 35.33% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 185.24 (%).Trend:Increase 238.89% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 87.22 (%).Trend:Decrease 52.92% than previous quarter

Overall: increasing (59.57%). 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 -1.61 (%).Trend:Decrease 118.42% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -30.67 (%).Trend:Increase 1804.97% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -17.54 (%).Trend:Decrease 42.81% than previous quarter

Overall: decreasing (989.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.43 (%).Trend:Increase 3.62% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.02 (%).Trend:Increase 41.26% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.98 (%).Trend:Decrease 1.98% than previous quarter

Overall: increasing (38.46%). 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 -1.06 (%).Trend:Decrease 127.46% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -5.7 (%).Trend:Increase 437.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -6.65 (%).Trend:Increase 16.67% than previous quarter

Overall: decreasing (527.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 81.98% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.0 (USD).Trend:Decrease 200.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-200.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q2 2023 show large variations in key metrics. Working capital efficiency, measured by liabilities and current assets on revenue, displays significant increases and decreases.  Cost efficiency shows a substantial decrease in the ratio of retained earnings to revenue with significant volatility. SG&A expense ratio has a slight increase. Invest efficiency and earnings per share demonstrate significant declines with notable variations.