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 57.26 (%).Trend:Decrease 39.13% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 182.33 (%).Trend:Increase 218.42% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 76.33 (%).Trend:Decrease 58.14% than previous quarter

Overall: increasing (33.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 71.76 (%).Trend:Decrease 25.75% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 224.65 (%).Trend:Increase 213.06% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 95.76 (%).Trend:Decrease 57.37% than previous quarter

Overall: increasing (33.44%). 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 -29.73 (%).Trend:Decrease 32.39% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -135.18 (%).Trend:Increase 354.69% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -60.41 (%).Trend:Decrease 55.31% than previous quarter

Overall: decreasing (103.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.76 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.59 (%).Trend:Increase 28.08% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.85 (%).Trend:Decrease 10.3% than previous quarter

Overall: increasing (14.88%). Fluctuation: **Neutral** (moderate 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 -14.53 (%).Trend:Decrease 3.0% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -18.38 (%).Trend:Increase 26.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -18.6 (%).Trend:Increase 1.2% than previous quarter

Overall: decreasing (28.01%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q3 2022 to Q2 2023 show significant fluctuations in key financial metrics. Working capital efficiency displays increases in both liabilities and current assets on revenue, with substantial volatility. Cost efficiency shows a substantial decrease in the ratio of retained earnings to revenue, with considerable variations. The SG&A expense ratio shows a moderate increase.  Investment efficiency reveals a consistent decrease in retained earnings on assets.