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 4418.6 (%).Trend:Increase 133.5% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 3676150.0 (%).Trend:Increase 83097.17% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 20325.0 (%).Trend:Decrease 99.45% than previous quarter

Overall: increasing (359.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 370674.42 (%).Trend:Decrease 10.87% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 7501750.0 (%).Trend:Increase 1923.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1667825.0 (%).Trend:Decrease 77.77% than previous quarter

Overall: increasing (349.94%). 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 -146446.51 (%).Trend:Decrease 2.69% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -8154550.0 (%).Trend:Increase 5468.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -4361750.0 (%).Trend:Decrease 46.51% than previous quarter

Overall: decreasing (2878.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24125.58 (%).Trend:Increase 51.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 227400.0 (%).Trend:Increase 842.57% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 297825.0 (%).Trend:Increase 30.97% than previous quarter

Overall: increasing (1134.48%). Fluctuation: **Significant** (high 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 -35.51 (%).Trend:Increase 8.73% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -108.25 (%).Trend:Increase 204.84% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -259.45 (%).Trend:Increase 139.68% than previous quarter

Overall: decreasing (630.64%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.17 (USD).Trend:Increase 54.55% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 64.71% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.22 (USD).Trend:Increase 266.67% than previous quarter

Overall: decreasing (29.41%). Fluctuation: **Significant** (high variation).



The financial data from Q3 2022 to Q2 2023 shows considerable growth, but with significant fluctuations.  Liabilities and current assets on revenue experienced substantial increases (359.99% and 349.94%, respectively).  Cost efficiency, however, deteriorated drastically, with the ratio of retained earnings to revenue decreasing by 2878.39%, although SG&A expenses increased sharply (1134.48%).  Investment efficiency was also significantly impacted, exhibiting a marked decrease in retained earnings on assets (630.64%) and a slight decrease in earnings per share (29.41%).