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 539.74 (%).Trend:Decrease 28.47% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 804.3 (%).Trend:Increase 49.02% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 447.54 (%).Trend:Decrease 44.36% than previous quarter

Overall: decreasing (-17.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 7904.68 (%).Trend:Decrease 41.72% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 14114.03 (%).Trend:Increase 78.55% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 6145.92 (%).Trend:Decrease 56.46% than previous quarter

Overall: decreasing (-22.25%). 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 -5106.62 (%).Trend:Decrease 22.99% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -9833.82 (%).Trend:Increase 92.57% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -5156.93 (%).Trend:Decrease 47.56% than previous quarter

Overall: decreasing (0.99%). 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 -42.96 (%).Trend:Increase 26.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -47.91 (%).Trend:Increase 11.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -58.55 (%).Trend:Increase 22.21% than previous quarter

Overall: decreasing (36.29%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -4.0 (USD).Trend:Increase 17.3% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.0 (USD).Trend:Decrease 75.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (-50.0%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, Liabilities on Revenue and Current Assets on Revenue show overall decreases, but with significant fluctuations. Ratio of Retained Earnings to Revenue decreased slightly but with high variability. Retained Earnings on Assets and Earnings Per Share also decreased considerably and were highly volatile.  This volatile pattern requires further analysis.