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 34.23 (%).Trend:Decrease 29.0% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 91.1 (%).Trend:Increase 166.14% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.95 (%).Trend:Decrease 51.76% than previous quarter

Overall: increasing (28.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 72.62 (%).Trend:Decrease 30.22% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 209.37 (%).Trend:Increase 188.31% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 102.68 (%).Trend:Decrease 50.96% than previous quarter

Overall: increasing (41.39%). 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 2.6 (%).Trend:Increase 42.86% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -33.46 (%).Trend:Decrease 1386.92% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -14.9 (%).Trend:Decrease 55.47% than previous quarter

Overall: decreasing (-673.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.13 (%).Trend:Increase 0.62% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.74 (%).Trend:Decrease 2.42% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.47 (%).Trend:Increase 4.64% than previous quarter

Overall: increasing (2.11%). Fluctuation: **Little** (low 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 1.13 (%).Trend:Increase 109.26% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -5.59 (%).Trend:Decrease 594.69% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -4.87 (%).Trend:Decrease 12.88% than previous quarter

Overall: decreasing (-530.97%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2022 to Q2 2023 exhibits substantial volatility. Liabilities on revenue decreased, then increased significantly, mirroring the pattern of current assets on revenue, which also showed notable fluctuations.  Cost efficiency reveals a major decrease in the ratio of retained earnings to revenue due to significant declines in Q1 and Q2 2023. The SG&A expense ratio increased minimally, while investment efficiency shows significant decreases in retained earnings on assets.  The data suggests inconsistent trends and requires further evaluation.