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 71.04 (%).Trend:Decrease 37.45% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 256.24 (%).Trend:Increase 260.7% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 112.63 (%).Trend:Decrease 56.05% than previous quarter

Overall: increasing (58.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 55.16 (%).Trend:Decrease 39.4% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 213.0 (%).Trend:Increase 286.15% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 86.51 (%).Trend:Decrease 59.38% than previous quarter

Overall: increasing (56.83%). 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 -321.42 (%).Trend:Decrease 32.64% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -793.31 (%).Trend:Increase 146.81% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -389.95 (%).Trend:Decrease 50.85% than previous quarter

Overall: decreasing (21.32%). 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 -46.31 (%).Trend:Increase 3.28% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -31.96 (%).Trend:Decrease 30.99% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -28.1 (%).Trend:Decrease 12.08% than previous quarter

Overall: increasing (-39.32%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -107.0 (USD).Trend:Increase 1.29% than previous quarter
Year 2023 Quarter 1: Earning Per Share 38.97 (USD).Trend:Decrease 136.42% than previous quarter
Year 2023 Quarter 2: Earning Per Share 41.18 (USD).Trend:Increase 5.67% than previous quarter

Overall: increasing (-138.49%). Fluctuation: **Significant** (high variation).



The financial statements cover working capital efficiency, cost efficiency, investment efficiency, and earnings per share for three quarters (Q3 2022 to Q2 2023).  Working capital efficiency shows significant fluctuation in liabilities and current assets on revenue, both increasing overall.  Cost efficiency, as measured by the ratio of retained earnings to revenue, is decreasing significantly. Investment efficiency (retained earnings on assets) is increasing, but also shows significant fluctuation. Earnings per share are also increasing overall, though with significant variation.  The data suggests significant volatility in all financial metrics.