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 62.94 (%).Trend:Decrease 31.11% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 199.53 (%).Trend:Increase 217.02% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 87.44 (%).Trend:Decrease 56.18% than previous quarter

Overall: increasing (38.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 108.54 (%).Trend:Decrease 30.88% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 347.45 (%).Trend:Increase 220.11% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 159.5 (%).Trend:Decrease 54.09% than previous quarter

Overall: increasing (46.95%). 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 -152.89 (%).Trend:Decrease 29.91% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -516.07 (%).Trend:Increase 237.54% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -236.77 (%).Trend:Decrease 54.12% than previous quarter

Overall: decreasing (54.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -104.18 (%).Trend:Increase 1.51% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -106.78 (%).Trend:Increase 2.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -106.7 (%).Trend:Decrease 0.07% than previous quarter

Overall: decreasing (2.42%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.02 (USD).Trend:Increase 100.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.06 (USD).Trend:Increase 200.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.08 (USD).Trend:Increase 33.33% than previous quarter

Overall: decreasing (300.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 indicate substantial fluctuations in financial performance.  Liability-to-revenue ratios show an overall increase, with considerable volatility between quarters. Current assets to revenue similarly demonstrate an overall increase with significant quarter-to-quarter changes.  Cost efficiency, measured by the retained earnings-to-revenue ratio, shows a considerable overall decrease with large swings in the trend.  Investment efficiency, as measured by retained earnings on assets, shows an overall decrease with significant quarter-to-quarter variations. Earnings per share also decreased but with substantial quarter-to-quarter variations.