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 50.01 (%).Trend:Decrease 30.15% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 159.07 (%).Trend:Increase 218.08% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 77.26 (%).Trend:Decrease 51.43% than previous quarter

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

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 180.31 (%).Trend:Decrease 35.04% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 823.15 (%).Trend:Increase 356.52% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 382.0 (%).Trend:Decrease 53.59% than previous quarter

Overall: increasing (111.86%). 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 -1057.08 (%).Trend:Decrease 27.24% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -3561.08 (%).Trend:Increase 236.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1849.44 (%).Trend:Decrease 48.07% than previous quarter

Overall: decreasing (74.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 89.68 (%).Trend:Increase 2.93% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 92.79 (%).Trend:Increase 3.47% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 92.28 (%).Trend:Decrease 0.55% than previous quarter

Overall: increasing (2.9%). Fluctuation: **Little** (low 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 -564.55 (%).Trend:Increase 14.09% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -422.98 (%).Trend:Decrease 25.08% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -473.66 (%).Trend:Increase 11.98% than previous quarter

Overall: increasing (-16.1%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2022 to Q2 2023 financial data reveals substantial volatility. Liabilities on Revenue increased by 54.49%, while Current Assets on Revenue increased by 111.86%, both exhibiting significant fluctuations. The Ratio of Retained Earnings to Revenue decreased significantly (-74.96%), demonstrating high variability.  The SG&A Expense Ratio saw a small increase (2.9%) with minimal fluctuation.  Retained Earnings on Assets increased (-16.1%) with significant fluctuation.