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 38.7 (%).Trend:Decrease 35.5% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 116.29 (%).Trend:Increase 200.49% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 60.76 (%).Trend:Decrease 47.75% than previous quarter

Overall: increasing (57.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 73.07 (%).Trend:Decrease 42.77% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 194.21 (%).Trend:Increase 165.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 90.92 (%).Trend:Decrease 53.18% than previous quarter

Overall: increasing (24.43%). 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 -175.31 (%).Trend:Decrease 31.94% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -486.18 (%).Trend:Increase 177.33% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -252.67 (%).Trend:Decrease 48.03% than previous quarter

Overall: decreasing (44.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.09 (%).Trend:Decrease 2.17% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.14 (%).Trend:Decrease 18.27% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.21 (%).Trend:Increase 4.83% than previous quarter

Overall: decreasing (-14.32%). Fluctuation: **Neutral** (moderate 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 -66.56 (%).Trend:Increase 7.67% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -71.84 (%).Trend:Increase 7.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -75.95 (%).Trend:Increase 5.72% than previous quarter

Overall: decreasing (14.11%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data from Q3 2022 to Q2 2023 reveal fluctuating trends.  Liabilities and current assets on revenue show an increasing trend, albeit with notable volatility.  Cost efficiency shows a decreasing SG&A expense ratio. Investment efficiency continues its decreasing trend in retained earnings on assets.  The data show significant volatility in all aspects of the financial performance.