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 421.71 (%).Trend:Decrease 44.18% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 533.7 (%).Trend:Increase 26.56% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 197.41 (%).Trend:Decrease 63.01% than previous quarter

Overall: decreasing (-53.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 1554.24 (%).Trend:Decrease 55.22% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1925.02 (%).Trend:Increase 23.86% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 517.57 (%).Trend:Decrease 73.11% than previous quarter

Overall: decreasing (-66.7%). 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 -2757.41 (%).Trend:Decrease 47.64% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -5163.69 (%).Trend:Increase 87.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1628.56 (%).Trend:Decrease 68.46% than previous quarter

Overall: increasing (-40.94%). 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 -147.14 (%).Trend:Increase 16.33% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -221.7 (%).Trend:Increase 50.67% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -256.07 (%).Trend:Increase 15.5% than previous quarter

Overall: decreasing (74.03%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.04 (USD).Trend:Increase 13.04% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.23 (USD).Trend:Decrease 77.88% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.33 (USD).Trend:Increase 43.48% than previous quarter

Overall: increasing (-68.27%). Fluctuation: **Significant** (high variation).



The financial performance from Q3 2022 to Q2 2023 demonstrates significant volatility.  Liabilities and current assets on revenue experienced considerable decreases, indicating potential issues with working capital management.  While the ratio of retained earnings to revenue shows improvement, the large fluctuations are alarming.  Similarly, declining retained earnings on assets and fluctuating earnings per share highlight the instability.