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 22.94 (%).Trend:Decrease 36.51% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 78.52 (%).Trend:Increase 242.28% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.15 (%).Trend:Decrease 50.14% than previous quarter

Overall: increasing (70.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 72.94 (%).Trend:Decrease 35.84% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 234.04 (%).Trend:Increase 220.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 110.25 (%).Trend:Decrease 52.89% than previous quarter

Overall: increasing (51.15%). 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 2.46 (%).Trend:Decrease 70.99% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -34.07 (%).Trend:Decrease 1484.96% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -27.36 (%).Trend:Decrease 19.69% than previous quarter

Overall: decreasing (-1212.2%). 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 1.85 (%).Trend:Decrease 55.1% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -6.51 (%).Trend:Decrease 451.89% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -11.0 (%).Trend:Increase 68.97% than previous quarter

Overall: decreasing (-694.59%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q3 2022 to Q2 2023, liabilities on revenue increased 70.66%, while current assets on revenue increased 51.15%, both exhibiting significant fluctuation.  However, the ratio of retained earnings to revenue decreased dramatically (-1212.2%), and retained earnings on assets decreased significantly (-694.59%), both with high variation. This signals serious concerns about profitability and investment efficiency.