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 56.54 (%).Trend:Decrease 24.79% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 123.95 (%).Trend:Increase 119.23% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 72.34 (%).Trend:Decrease 41.64% than previous quarter

Overall: increasing (27.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 28.72 (%).Trend:Decrease 23.68% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 100.76 (%).Trend:Increase 250.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 48.51 (%).Trend:Decrease 51.86% than previous quarter

Overall: increasing (68.91%). 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 -84.81 (%).Trend:Decrease 31.13% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -250.1 (%).Trend:Increase 194.89% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -126.1 (%).Trend:Decrease 49.58% than previous quarter

Overall: decreasing (48.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.52 (%).Trend:Decrease 0.97% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.67 (%).Trend:Decrease 6.06% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.2 (%).Trend:Decrease 1.64% than previous quarter

Overall: decreasing (-7.6%). 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 -22.93 (%).Trend:Increase 2.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -22.98 (%).Trend:Increase 0.22% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -23.32 (%).Trend:Increase 1.48% than previous quarter

Overall: decreasing (1.7%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.04 (USD).Trend:Decrease 87.5% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.2 (USD).Trend:Decrease 600.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.06 (USD).Trend:Decrease 70.0% than previous quarter

Overall: decreasing (-250.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q2 2023 reveal considerable volatility across key efficiency metrics. Working capital, as measured by liabilities and current assets, shows an increase but with substantial fluctuation. Cost efficiency, indicated by the ratio of retained earnings to revenue, displays a substantial decrease, despite notable variability. SG&A expense ratio demonstrates a slight decline. Investment efficiency, depicted by retained earnings on assets, exhibits a minor decrease but substantial fluctuations. Earnings per share have shown a substantial decrease with notable volatility.