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 30.92 (%).Trend:Decrease 50.5% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 93.89 (%).Trend:Increase 203.65% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.16 (%).Trend:Decrease 54.03% than previous quarter

Overall: increasing (39.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 27.36 (%).Trend:Decrease 36.31% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 88.47 (%).Trend:Increase 223.36% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 41.03 (%).Trend:Decrease 53.62% than previous quarter

Overall: increasing (49.96%). 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 -170.52 (%).Trend:Decrease 35.14% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -490.33 (%).Trend:Increase 187.55% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -245.87 (%).Trend:Decrease 49.86% than previous quarter

Overall: decreasing (44.19%). 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 -59.46 (%).Trend:Increase 2.02% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -62.75 (%).Trend:Increase 5.53% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -62.63 (%).Trend:Decrease 0.19% than previous quarter

Overall: decreasing (5.33%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2022 to Q2 2023 reveals significant volatility across key metrics. Liabilities and current assets on revenue increased substantially, indicating potential working capital challenges despite overall growth.  Conversely, the ratio of retained earnings to revenue significantly decreased, suggesting profitability concerns. Retained earnings on assets also showed a notable decline, hinting at investment inefficiencies.