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 96.2 (%).Trend:Decrease 17.71% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 2912.75 (%).Trend:Increase 2927.81% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 401.66 (%).Trend:Decrease 86.21% than previous quarter

Overall: increasing (317.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 16.44 (%).Trend:Decrease 58.99% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 2308.42 (%).Trend:Increase 13941.48% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 42.93 (%).Trend:Decrease 98.14% than previous quarter

Overall: increasing (161.13%). 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 -620.0 (%).Trend:Decrease 27.93% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -3737.74 (%).Trend:Increase 502.86% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -2071.31 (%).Trend:Decrease 44.58% than previous quarter

Overall: decreasing (234.08%). 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 -134.6 (%).Trend:Increase 12.9% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -152.09 (%).Trend:Increase 12.99% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -1730.75 (%).Trend:Increase 1037.98% than previous quarter

Overall: decreasing (1185.85%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.02 (USD).Trend:Increase 32.47% than previous quarter
Year 2023 Quarter 1: Earning Per Share -13.0 (USD).Trend:Increase 1174.51% than previous quarter
Year 2023 Quarter 2: Earning Per Share -14.0 (USD).Trend:Increase 7.69% than previous quarter

Overall: decreasing (1272.55%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2022 to Q2 2023 financial data reveals significant fluctuations in working capital efficiency metrics.  Liabilities on revenue and current assets on revenue show substantial increases followed by sharp decreases, indicating instability.  The ratio of retained earnings to revenue demonstrates a significant overall decrease, while retained earnings on assets and earnings per share also experienced substantial declines.  High variability characterizes all observed trends.