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 88.68 (%).Trend:Decrease 33.2% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 258.4 (%).Trend:Increase 191.38% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 137.0 (%).Trend:Decrease 46.98% than previous quarter

Overall: increasing (54.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 95.14 (%).Trend:Decrease 36.05% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 345.3 (%).Trend:Increase 262.94% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 190.92 (%).Trend:Decrease 44.71% than previous quarter

Overall: increasing (100.67%). 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 -59.35 (%).Trend:Decrease 26.72% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -102.88 (%).Trend:Increase 73.34% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -40.41 (%).Trend:Decrease 60.72% than previous quarter

Overall: increasing (-31.91%). 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 -34.86 (%).Trend:Increase 14.82% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -19.01 (%).Trend:Decrease 45.47% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -13.79 (%).Trend:Decrease 27.46% than previous quarter

Overall: increasing (-60.44%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.68 (USD).Trend:Increase 74.36% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 52.94% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.66 (USD).Trend:Increase 106.25% than previous quarter

Overall: decreasing (-2.94%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 demonstrate considerable fluctuations. Liabilities and current assets on revenue both show increasing trends but with significant quarter-to-quarter variability. The ratio of retained earnings to revenue shows a mixed trend, decreasing, then increasing, then decreasing again. Investment efficiency exhibits an increasing trend in retained earnings on assets, but with significant volatility. Earnings per share reveal a decreasing trend with substantial variations. The data indicates a period of high financial instability.