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 157.29 (%).Trend:Decrease 15.94% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 5290.03 (%).Trend:Increase 3263.23% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 3176.23 (%).Trend:Decrease 39.96% than previous quarter

Overall: increasing (1919.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 847.5 (%).Trend:Decrease 17.11% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 30268.46 (%).Trend:Increase 3471.5% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 12485.84 (%).Trend:Decrease 58.75% than previous quarter

Overall: increasing (1373.26%). 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 -2349.7 (%).Trend:Increase 7.87% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -112675.52 (%).Trend:Increase 4695.32% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -63898.3 (%).Trend:Decrease 43.29% than previous quarter

Overall: decreasing (2619.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 146.91 (%).Trend:Increase 38.29% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1703.61 (%).Trend:Increase 1059.63% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1939.14 (%).Trend:Increase 13.83% than previous quarter

Overall: increasing (1219.95%). 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 -244.33 (%).Trend:Increase 28.2% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -328.84 (%).Trend:Increase 34.59% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -439.85 (%).Trend:Increase 33.76% than previous quarter

Overall: decreasing (80.02%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q3 2022 to Q2 2023 data reveals highly volatile financial performance. Liabilities and current assets on revenue increased substantially but fluctuated dramatically. The ratio of retained earnings to revenue decreased significantly, remaining negative and unstable. Conversely, the SG&A expense ratio increased considerably, also showing major fluctuations.  Retained earnings on assets showed an overall decline, further highlighting the need for investigation.