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 44.93 (%).Trend:Decrease 32.87% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 145.93 (%).Trend:Increase 224.79% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 73.93 (%).Trend:Decrease 49.34% than previous quarter

Overall: increasing (64.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 71.66 (%).Trend:Decrease 37.01% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 244.48 (%).Trend:Increase 241.17% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 118.24 (%).Trend:Decrease 51.64% than previous quarter

Overall: increasing (65.0%). 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 -12.06 (%).Trend:Increase 417.6% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -29.89 (%).Trend:Increase 147.84% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -23.1 (%).Trend:Decrease 22.72% than previous quarter

Overall: decreasing (91.54%). 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 -9.53 (%).Trend:Increase 694.17% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -7.59 (%).Trend:Decrease 20.36% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -12.08 (%).Trend:Increase 59.16% than previous quarter

Overall: decreasing (26.76%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -4.65 (USD).Trend:Increase 32.48% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.25 (USD).Trend:Decrease 94.62% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.82 (USD).Trend:Increase 228.0% than previous quarter

Overall: increasing (-82.37%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2022 to Q2 2023 reveals significant volatility in working capital efficiency. Liabilities on revenue, after a decrease, rose sharply in Q1 2023 and then fell again, while current assets showed a similar pattern.  Cost efficiency, indicated by the ratio of retained earnings to revenue, displayed a pronounced negative trend with considerable variance.  Investment efficiency also demonstrates a negative trend in retained earnings on assets, with significant volatility.  Earnings per share show a similarly erratic pattern.