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 22.57 (%).Trend:Decrease 38.83% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 78.21 (%).Trend:Increase 246.52% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.52 (%).Trend:Decrease 57.14% than previous quarter

Overall: increasing (48.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 83.5 (%).Trend:Decrease 35.76% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 285.33 (%).Trend:Increase 241.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 139.27 (%).Trend:Decrease 51.19% than previous quarter

Overall: increasing (66.79%). 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 2.88 (%).Trend:Decrease 28.71% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -12.53 (%).Trend:Decrease 535.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -13.25 (%).Trend:Increase 5.75% than previous quarter

Overall: decreasing (-560.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.13 (%).Trend:Decrease 0.39% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.62 (%).Trend:Increase 34.45% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.76 (%).Trend:Increase 15.71% than previous quarter

Overall: increasing (55.58%). 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 2.62 (%).Trend:Increase 11.02% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -3.62 (%).Trend:Decrease 238.17% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -8.21 (%).Trend:Increase 126.8% than previous quarter

Overall: decreasing (-413.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.05 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.02 (USD).Trend:Decrease 140.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.14 (USD).Trend:Increase 600.0% than previous quarter

Overall: decreasing (-380.0%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities on revenue increased overall by 48.52%, while current assets on revenue increased by 66.79%. Both showed significant fluctuation.  The ratio of retained earnings to revenue decreased significantly (-560.07%), while the SG&A expense ratio increased by 55.58%, showing neutral fluctuation. Retained earnings on assets decreased significantly (-413.36%), and earnings per share decreased significantly (-380.0%).