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 24.26 (%).Trend:Decrease 30.23% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 71.77 (%).Trend:Increase 195.84% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.44 (%).Trend:Decrease 54.8% than previous quarter

Overall: increasing (33.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 34.79 (%).Trend:Decrease 26.48% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 123.68 (%).Trend:Increase 255.5% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 59.5 (%).Trend:Decrease 51.89% than previous quarter

Overall: increasing (71.03%). 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 -20.67 (%).Trend:Decrease 39.84% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -54.04 (%).Trend:Increase 161.44% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -21.15 (%).Trend:Decrease 60.86% than previous quarter

Overall: decreasing (2.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.93 (%).Trend:Increase 1.84% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.49 (%).Trend:Increase 7.12% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.06 (%).Trend:Decrease 6.31% than previous quarter

Overall: increasing (0.36%). 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 -24.4 (%).Trend:Decrease 13.07% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -19.5 (%).Trend:Decrease 20.08% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -15.96 (%).Trend:Decrease 18.15% than previous quarter

Overall: increasing (-34.59%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency data for Q3 2022 to Q2 2023 shows significant fluctuation in liabilities and current assets on revenue, both trending overall upward.  Liabilities on revenue decreased from Q3 2022 to Q2 2023, but increased significantly in Q1 2023, then decreased again in Q2 2023. Current assets on revenue show a similar pattern, increasing significantly in Q1 2023 and decreasing afterward.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a decreasing trend with significant fluctuation.  The selling, general, and administrative (SG&A) expense ratio shows a slightly increasing trend with little fluctuation. Invest efficiency, measured by retained earnings on assets, is trending overall upward but with significant variation.  Earning per share data is not provided.