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 29.8 (%).Trend:Decrease 36.27% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 94.26 (%).Trend:Increase 216.31% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.61 (%).Trend:Decrease 51.61% than previous quarter

Overall: increasing (53.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 32.22 (%).Trend:Decrease 42.32% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 111.43 (%).Trend:Increase 245.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 56.38 (%).Trend:Decrease 49.4% than previous quarter

Overall: increasing (74.98%). 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 -14.9 (%).Trend:Decrease 35.13% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -51.49 (%).Trend:Increase 245.57% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -24.77 (%).Trend:Decrease 51.89% than previous quarter

Overall: decreasing (66.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.42 (%).Trend:Increase 0.49% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.04 (%).Trend:Increase 13.04% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.85 (%).Trend:Decrease 1.35% than previous quarter

Overall: increasing (11.51%). 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 -14.58 (%).Trend:Decrease 0.68% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -15.2 (%).Trend:Increase 4.25% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -15.09 (%).Trend:Decrease 0.72% than previous quarter

Overall: decreasing (3.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.74 (USD).Trend:Increase 17.46% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.34 (USD).Trend:Decrease 145.95% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.31 (USD).Trend:Decrease 8.82% than previous quarter

Overall: decreasing (-141.89%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 show considerable volatility. Liabilities and current assets on revenue demonstrate significant increases in Q1 2023 followed by decreases.  Cost efficiency (ratio of retained earnings to revenue) displays large decreases followed by large increases in Q1 2023.  The SG&A expense ratio shows a slight increase.  Invest efficiency (retained earnings on assets) remains consistently negative and fluctuates slightly. Earnings per share exhibit large drops in Q1 and Q2 2023.