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 45.35 (%).Trend:Decrease 51.33% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 195.02 (%).Trend:Increase 330.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.86 (%).Trend:Decrease 78.54% than previous quarter

Overall: decreasing (-7.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 173.35 (%).Trend:Decrease 32.78% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1769.08 (%).Trend:Increase 920.52% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 744.08 (%).Trend:Decrease 57.94% than previous quarter

Overall: increasing (329.24%). 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 -184.31 (%).Trend:Decrease 35.33% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2021.37 (%).Trend:Increase 996.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -881.83 (%).Trend:Decrease 56.37% than previous quarter

Overall: decreasing (378.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.65 (%).Trend:Increase 1.08% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 77.88 (%).Trend:Increase 317.59% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 68.69 (%).Trend:Decrease 11.8% than previous quarter

Overall: increasing (268.31%). Fluctuation: **Significant** (high 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 -99.26 (%).Trend:Decrease 3.82% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -97.79 (%).Trend:Decrease 1.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -100.93 (%).Trend:Increase 3.21% than previous quarter

Overall: decreasing (1.68%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2022 to Q2 2023 show considerable volatility. Working capital efficiency demonstrates fluctuating trends, with liabilities on revenue experiencing both decreases and increases, and a substantial increase in current assets.  Cost efficiency reveals increasing SG&A expense ratios with significant fluctuations in the retained earnings to revenue ratio and an overall decreasing trend.  Investment efficiency shows a decreasing trend in retained earnings on assets with significant variations.