Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 53.95 (%).Trend:Decrease 40.18% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26.11 (%).Trend:Decrease 51.6% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 46.31 (%).Trend:Increase 77.36% than previous quarter

Overall: decreasing (-14.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 127.88 (%).Trend:Decrease 44.44% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 81.38 (%).Trend:Decrease 36.36% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 122.5 (%).Trend:Increase 50.53% than previous quarter

Overall: decreasing (-4.21%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 2.46 (%).Trend:Decrease 73.32% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 0.08 (%).Trend:Decrease 96.75% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -6.37 (%).Trend:Decrease 8062.5% than previous quarter

Overall: decreasing (-358.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.28 (%).Trend:Increase 7.73% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.94 (%).Trend:Decrease 5.76% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.27 (%).Trend:Increase 15.18% than previous quarter

Overall: increasing (8.55%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 1.06 (%).Trend:Decrease 51.15% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 0.06 (%).Trend:Decrease 94.34% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -2.8 (%).Trend:Decrease 4766.67% than previous quarter

Overall: decreasing (-364.15%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.14 (USD).Trend:Decrease 800.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.44 (USD).Trend:Increase 214.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.72 (USD).Trend:Increase 63.64% than previous quarter

Overall: decreasing (414.29%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q2 2023 reveals a complex picture.  Liabilities on revenue show a slight overall decrease (-14.16%) despite significant quarter-to-quarter volatility. Current assets on revenue also show a slight decrease (-4.21%), although the fluctuation is moderate.  Cost Efficiency is dramatically negative, with the Ratio of Retained Earnings to Revenue falling sharply (-358.94%) with extreme fluctuations.  SG&A Expense Ratio displays a modest increase (8.55%) with little variation. Invest Efficiency demonstrates a large decrease (-364.15%) in Retained Earnings on Assets with significant volatility.  Earning Per Share shows a substantial decrease (414.29%) with major variations.