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 16.44 (%).Trend:Decrease 28.46% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 42.36 (%).Trend:Increase 157.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 21.29 (%).Trend:Decrease 49.74% than previous quarter

Overall: increasing (29.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 29.28 (%).Trend:Decrease 32.55% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 77.7 (%).Trend:Increase 165.37% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 40.0 (%).Trend:Decrease 48.52% than previous quarter

Overall: increasing (36.61%). 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 -48.64 (%).Trend:Decrease 29.7% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -150.7 (%).Trend:Increase 209.83% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -100.34 (%).Trend:Decrease 33.42% than previous quarter

Overall: decreasing (106.29%). 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 -93.76 (%).Trend:Increase 2.62% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -102.59 (%).Trend:Increase 9.42% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -122.57 (%).Trend:Increase 19.48% than previous quarter

Overall: decreasing (30.73%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows volatility. Liabilities on revenue decreased in Q3 2022, increased substantially in Q1 2023, and then decreased again in Q2 2023. Current assets on revenue show a similar pattern of significant fluctuations, increasing in Q1 2023 before decreasing in Q2 2023. Cost efficiency, based on retained earnings to revenue, displays a clear decreasing trend with high volatility. Investment efficiency, reflected in retained earnings on assets, is also decreasing with significant fluctuations.