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 94.66 (%).Trend:Decrease 31.59% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 127.99 (%).Trend:Increase 35.21% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 59.1 (%).Trend:Decrease 53.82% than previous quarter

Overall: decreasing (-37.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 393.98 (%).Trend:Decrease 45.52% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 612.35 (%).Trend:Increase 55.43% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 282.39 (%).Trend:Decrease 53.88% than previous quarter

Overall: decreasing (-28.32%). 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 -1292.73 (%).Trend:Decrease 32.84% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2184.75 (%).Trend:Increase 69.0% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1094.42 (%).Trend:Decrease 49.91% than previous quarter

Overall: increasing (-15.34%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 148.27 (%).Trend:Decrease 13.59% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 60.5 (%).Trend:Decrease 59.2% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 57.37 (%).Trend:Decrease 5.17% than previous quarter

Overall: decreasing (-61.31%). Fluctuation: **Significant** (high variation).


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 -303.79 (%).Trend:Increase 22.49% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -321.9 (%).Trend:Increase 5.96% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -338.93 (%).Trend:Increase 5.29% than previous quarter

Overall: decreasing (11.57%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -2.21 (USD).Trend:Increase 39.87% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.15 (USD).Trend:Decrease 93.21% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.29 (USD).Trend:Increase 93.33% than previous quarter

Overall: increasing (-86.88%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities and current assets on revenue decreased overall, displaying significant fluctuations.  The ratio of retained earnings to revenue increased slightly with high variability.  SG&A expenses decreased considerably. Investment efficiency, as shown in retained earnings on assets, decreased slightly.  Earnings per share increased despite significant fluctuations.