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 88.2 (%).Trend:Decrease 47.08% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 178.23 (%).Trend:Increase 102.07% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 83.08 (%).Trend:Decrease 53.39% than previous quarter

Overall: decreasing (-5.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 634.88 (%).Trend:Decrease 48.61% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1415.91 (%).Trend:Increase 123.02% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 599.98 (%).Trend:Decrease 57.63% than previous quarter

Overall: decreasing (-5.5%). 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 -1495.9 (%).Trend:Decrease 46.06% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -3848.07 (%).Trend:Increase 157.24% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1936.97 (%).Trend:Decrease 49.66% than previous quarter

Overall: decreasing (29.49%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 70.5 (%).Trend:Decrease 32.34% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 40.48 (%).Trend:Decrease 42.58% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39.88 (%).Trend:Decrease 1.48% than previous quarter

Overall: decreasing (-43.43%). 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 -144.59 (%).Trend:Increase 2.4% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -159.86 (%).Trend:Increase 10.56% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -170.14 (%).Trend:Increase 6.43% than previous quarter

Overall: decreasing (17.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.27 (USD).Trend:Increase 35.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 81.48% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.13 (USD).Trend:Increase 160.0% than previous quarter

Overall: increasing (-51.85%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show significant volatility. Liabilities and current assets on revenue display fluctuating trends. Cost efficiency demonstrates a continuous downward trend in the SG&A expense ratio, while the ratio of retained earnings to revenue continues its downward trajectory.  Investment efficiency and earnings per share demonstrate highly volatile patterns, with both increases and decreases.  The data signals the need for further analysis to identify the root causes of this performance volatility.