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 24.59 (%).Trend:Decrease 27.59% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 62.29 (%).Trend:Increase 153.31% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.58 (%).Trend:Decrease 50.91% than previous quarter

Overall: increasing (24.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 45.59 (%).Trend:Decrease 39.48% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 89.12 (%).Trend:Increase 95.48% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 37.03 (%).Trend:Decrease 58.45% than previous quarter

Overall: decreasing (-18.78%). 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 -27.85 (%).Trend:Decrease 39.36% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -70.64 (%).Trend:Increase 153.64% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -34.58 (%).Trend:Decrease 51.05% than previous quarter

Overall: decreasing (24.17%). 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 -14.12 (%).Trend:Decrease 7.41% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -13.58 (%).Trend:Decrease 3.82% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -13.53 (%).Trend:Decrease 0.37% than previous quarter

Overall: increasing (-4.18%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial review of Q3 2022 to Q2 2023 reveals significant volatility across key metrics.  Liabilities on revenue show an overall increasing trend, despite substantial quarter-to-quarter variations.  Current assets on revenue decrease over the period, indicating potential liquidity concerns. Cost efficiency, measured by the ratio of retained earnings to revenue, demonstrates an overall decreasing trend, highlighting potential inefficiencies in revenue generation compared to retained earnings. Investment efficiency, measured by retained earnings on assets, shows a somewhat stable but still slightly decreasing trend, although with significant fluctuation.