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 78.22 (%).Trend:Decrease 23.75% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 222.18 (%).Trend:Increase 184.05% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 113.29 (%).Trend:Decrease 49.01% than previous quarter

Overall: increasing (44.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 389.15 (%).Trend:Decrease 38.22% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 801.27 (%).Trend:Increase 105.9% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 352.62 (%).Trend:Decrease 55.99% than previous quarter

Overall: decreasing (-9.39%). 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 -1606.94 (%).Trend:Decrease 29.13% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -4838.94 (%).Trend:Increase 201.13% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -2338.3 (%).Trend:Decrease 51.68% than previous quarter

Overall: decreasing (45.51%). 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 -379.18 (%).Trend:Increase 13.71% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -503.34 (%).Trend:Increase 32.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -544.92 (%).Trend:Increase 8.26% than previous quarter

Overall: decreasing (43.71%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.72 (USD).Trend:Increase 75.61% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.39 (USD).Trend:Decrease 45.83% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.66 (USD).Trend:Increase 69.23% than previous quarter

Overall: increasing (-8.33%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023, liabilities on revenue increased significantly (44.84%), while current assets on revenue decreased (-9.39%). The ratio of retained earnings to revenue decreased significantly (45.51%), and retained earnings on assets decreased (43.71%). Earnings per share increased slightly (-8.33%).  Significant fluctuation is observed across all metrics.