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 26.6 (%).Trend:Decrease 34.04% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 93.5 (%).Trend:Increase 251.5% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.06 (%).Trend:Decrease 51.81% than previous quarter

Overall: increasing (69.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 80.65 (%).Trend:Decrease 11.36% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 145.36 (%).Trend:Increase 80.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 70.31 (%).Trend:Decrease 51.63% than previous quarter

Overall: decreasing (-12.82%). 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 -157.82 (%).Trend:Decrease 30.12% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -397.51 (%).Trend:Increase 151.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -201.98 (%).Trend:Decrease 49.19% than previous quarter

Overall: decreasing (27.98%). 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 -95.37 (%).Trend:Decrease 5.26% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -83.88 (%).Trend:Decrease 12.05% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -88.49 (%).Trend:Increase 5.5% than previous quarter

Overall: increasing (-7.21%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.16 (USD).Trend:Increase 48.72% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.22 (USD).Trend:Decrease 81.03% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.32 (USD).Trend:Increase 45.45% than previous quarter

Overall: increasing (-72.41%). Fluctuation: **Significant** (high variation).



The review of Q3 2022 to Q2 2023 financial data highlights substantial volatility.  Liabilities on revenue increased 69.4% overall despite quarterly fluctuations.  Conversely, current assets on revenue decreased by 12.82%, again with considerable variation.  The ratio of retained earnings to revenue fell by 27.98%, and retained earnings on assets increased by -7.21%, both displaying high variability. Earnings per share also increased by -72.41%, reflecting significant fluctuation.