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 68.54 (%).Trend:Decrease 41.94% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 174.6 (%).Trend:Increase 154.74% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 83.13 (%).Trend:Decrease 52.39% than previous quarter

Overall: increasing (21.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 160.14 (%).Trend:Decrease 38.14% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 410.33 (%).Trend:Increase 156.23% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 190.58 (%).Trend:Decrease 53.55% than previous quarter

Overall: increasing (19.01%). 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 -2006.64 (%).Trend:Decrease 31.55% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -5354.79 (%).Trend:Increase 166.85% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -2648.6 (%).Trend:Decrease 50.54% than previous quarter

Overall: decreasing (31.99%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 116.41 (%).Trend:Decrease 0.34% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 106.36 (%).Trend:Decrease 8.63% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 102.04 (%).Trend:Decrease 4.06% than previous quarter

Overall: decreasing (-12.34%). 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 -1197.02 (%).Trend:Increase 12.26% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -1129.34 (%).Trend:Decrease 5.65% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -1197.87 (%).Trend:Increase 6.07% than previous quarter

Overall: decreasing (0.07%). Fluctuation: **Significant** (high variation).

Earning Per Share


Q3 2022 to Q2 2023 data shows significant fluctuation in working capital efficiency. Liabilities on revenue increased (21.29%),  and current assets on revenue also increased (19.01%), both with significant variation.  Cost efficiency decreased, with the ratio of retained earnings to revenue falling (31.99%).  SG&A expense ratio decreased moderately (-12.34%). Retained earnings on assets decreased slightly (-0.07%), exhibiting significant fluctuation.  This highlights the need for a comprehensive financial review.