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 35.22 (%).Trend:Decrease 31.56% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 83.41 (%).Trend:Increase 136.83% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 34.89 (%).Trend:Decrease 58.17% than previous quarter

Overall: decreasing (-0.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 174.75 (%).Trend:Decrease 39.91% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 448.22 (%).Trend:Increase 156.49% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 207.38 (%).Trend:Decrease 53.73% than previous quarter

Overall: increasing (18.67%). 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 -281.0 (%).Trend:Decrease 33.64% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -804.31 (%).Trend:Increase 186.23% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -406.43 (%).Trend:Decrease 49.47% than previous quarter

Overall: decreasing (44.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 60.92 (%).Trend:Decrease 4.41% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 62.02 (%).Trend:Increase 1.81% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 62.18 (%).Trend:Increase 0.26% than previous quarter

Overall: increasing (2.07%). 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 -101.6 (%).Trend:Increase 4.88% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -106.51 (%).Trend:Increase 4.83% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -115.44 (%).Trend:Increase 8.38% than previous quarter

Overall: decreasing (13.62%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q3 2022 to Q2 2023, liabilities on revenue decreased slightly overall, but fluctuated significantly. Current assets on revenue showed an overall increase with significant fluctuation. The ratio of retained earnings to revenue decreased significantly, while the SG&A expense ratio increased slightly with low variation. Retained earnings on assets decreased significantly.  Earning Per Share data is missing.