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 87.45 (%).Trend:Decrease 32.91% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 217.1 (%).Trend:Increase 148.26% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 117.04 (%).Trend:Decrease 46.09% than previous quarter

Overall: increasing (33.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 389.52 (%).Trend:Decrease 2.82% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 762.55 (%).Trend:Increase 95.77% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 336.26 (%).Trend:Decrease 55.9% than previous quarter

Overall: decreasing (-13.67%). 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 -1011.3 (%).Trend:Decrease 28.19% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2930.46 (%).Trend:Increase 189.77% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1486.95 (%).Trend:Decrease 49.26% than previous quarter

Overall: decreasing (47.03%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 78.96 (%).Trend:Decrease 1.32% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 76.27 (%).Trend:Decrease 3.41% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 75.69 (%).Trend:Decrease 0.76% than previous quarter

Overall: decreasing (-4.14%). 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 -162.45 (%).Trend:Decrease 10.01% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -212.88 (%).Trend:Increase 31.04% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -236.77 (%).Trend:Increase 11.22% than previous quarter

Overall: decreasing (45.75%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -7.0 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -2.0 (USD).Trend:Decrease 71.43% than previous quarter
Year 2023 Quarter 2: Earning Per Share -4.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (-42.86%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, significant fluctuations were observed across key metrics. Liabilities on revenue increased (33.84%), while current assets decreased (-13.67%).  A notable decrease occurred in the ratio of retained earnings to revenue (-47.03%), contrasting with a slight decrease in SG&A expenses (-4.14%). Retained earnings on assets also decreased significantly (-45.75%),  and earnings per share increased by -42.86%.