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 126.42 (%).Trend:Decrease 41.3% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 419.6 (%).Trend:Increase 231.91% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 199.05 (%).Trend:Decrease 52.56% than previous quarter

Overall: increasing (57.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 97.96 (%).Trend:Decrease 34.03% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 312.42 (%).Trend:Increase 218.93% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 146.78 (%).Trend:Decrease 53.02% than previous quarter

Overall: increasing (49.84%). 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 24.72 (%).Trend:Decrease 34.2% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -431.37 (%).Trend:Decrease 1845.02% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -303.86 (%).Trend:Decrease 29.56% than previous quarter

Overall: decreasing (-1329.21%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.6 (%).Trend:Decrease 2.59% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.6 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.07 (%).Trend:Decrease 1.85% than previous quarter

Overall: decreasing (-1.85%). 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 3.41 (%).Trend:Increase 0.29% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -24.79 (%).Trend:Decrease 826.98% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -41.15 (%).Trend:Increase 65.99% than previous quarter

Overall: decreasing (-1306.74%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.06 (USD).Trend:Increase 63.08% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.24 (USD).Trend:Decrease 77.36% than previous quarter
Year 2023 Quarter 2: Earning Per Share -10.91 (USD).Trend:Decrease 4645.83% than previous quarter

Overall: decreasing (-1129.25%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show high variability in financial metrics. Liabilities and current assets on revenue show a fluctuating pattern, increasing then decreasing.  Cost efficiency exhibits a dramatic decline in the ratio of retained earnings to revenue, suggesting potential profitability issues. SG&A expenses show minor changes. Investment efficiency experienced significant declines in retained earnings on assets. Earnings per share show a substantial negative trend across the period, highlighting challenges in profitability.