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 62.96 (%).Trend:Decrease 2.93% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 342.4 (%).Trend:Increase 443.84% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 69.19 (%).Trend:Decrease 79.79% than previous quarter

Overall: increasing (9.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 467.13 (%).Trend:Decrease 7.76% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 3315.66 (%).Trend:Increase 609.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 920.25 (%).Trend:Decrease 72.25% than previous quarter

Overall: increasing (97.0%). 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 -228.14 (%).Trend:Decrease 10.06% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2100.25 (%).Trend:Increase 820.6% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -652.72 (%).Trend:Decrease 68.92% than previous quarter

Overall: decreasing (186.11%). 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 -39.06 (%).Trend:Increase 13.32% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -49.67 (%).Trend:Increase 27.16% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -54.1 (%).Trend:Increase 8.92% than previous quarter

Overall: decreasing (38.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.72 (USD).Trend:Increase 323.53% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.02 (USD).Trend:Increase 41.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.38 (USD).Trend:Increase 35.29% than previous quarter

Overall: decreasing (91.67%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities on revenue increased 9.9% with significant fluctuation, while current assets on revenue increased 97.0% also with significant fluctuation.  The ratio of retained earnings to revenue decreased by 186.11% with significant fluctuation. Retained earnings on assets decreased 38.5% with significant variation. Earnings per share decreased 91.67% with significant fluctuation.