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 22.54 (%).Trend:Decrease 27.94% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 63.79 (%).Trend:Increase 183.01% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.18 (%).Trend:Decrease 47.99% than previous quarter

Overall: increasing (47.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 70.45 (%).Trend:Decrease 33.66% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 189.35 (%).Trend:Increase 168.77% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 90.45 (%).Trend:Decrease 52.23% than previous quarter

Overall: increasing (28.39%). 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 -101.08 (%).Trend:Decrease 31.55% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -312.06 (%).Trend:Increase 208.73% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -155.53 (%).Trend:Decrease 50.16% than previous quarter

Overall: decreasing (53.87%). 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 -86.76 (%).Trend:Increase 4.44% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -95.43 (%).Trend:Increase 9.99% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -97.77 (%).Trend:Increase 2.45% than previous quarter

Overall: decreasing (12.69%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.23 (USD).Trend:Increase 130.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.02 (USD).Trend:Decrease 108.7% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.19 (USD).Trend:Decrease 1050.0% than previous quarter

Overall: decreasing (-17.39%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 reveals a volatile financial performance. Working capital efficiency, measured by liabilities and current assets on revenue, shows significant increases and decreases. Cost efficiency, determined by the ratio of retained earnings to revenue, decreased throughout the period.  Investment efficiency and earnings per share also showed substantial variations.  These significant fluctuations underscore the need for in-depth analysis to ascertain the root causes and potential outliers.