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 18.07 (%).Trend:Decrease 34.58% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 66.78 (%).Trend:Increase 269.56% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 50.84 (%).Trend:Decrease 23.87% than previous quarter

Overall: increasing (181.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 33.75 (%).Trend:Decrease 28.21% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 109.45 (%).Trend:Increase 224.3% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 62.06 (%).Trend:Decrease 43.3% than previous quarter

Overall: increasing (83.88%). 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 -82.21 (%).Trend:Decrease 30.03% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -361.98 (%).Trend:Increase 340.31% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -176.62 (%).Trend:Decrease 51.21% than previous quarter

Overall: decreasing (114.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.17 (%).Trend:Increase 7.34% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.43 (%).Trend:Increase 107.69% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.25 (%).Trend:Decrease 7.41% than previous quarter

Overall: increasing (92.31%). 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 -116.66 (%).Trend:Decrease 2.26% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -142.92 (%).Trend:Increase 22.51% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -114.01 (%).Trend:Decrease 20.23% than previous quarter

Overall: increasing (-2.27%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.02 (USD).Trend:Increase 78.95% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.42 (USD).Trend:Decrease 141.18% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.34 (USD).Trend:Decrease 19.05% than previous quarter

Overall: decreasing (-133.33%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 demonstrate significant fluctuations. Liabilities on revenue increased by 181.35% with considerable swings, and current assets on revenue also increased by 83.88%. Cost efficiency shows a decreasing trend in the ratio of retained earnings to revenue (114.84%) and an increasing trend in the SG&A expense ratio (92.31%).  Invest efficiency shows an increasing trend in retained earnings on assets (-2.27%) with significant variability. Earnings per share decreased by 133.33% with substantial fluctuations.