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 20.69 (%).Trend:Decrease 41.65% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 68.84 (%).Trend:Increase 232.72% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.53 (%).Trend:Decrease 42.58% than previous quarter

Overall: increasing (91.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 35.34 (%).Trend:Decrease 40.2% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 123.94 (%).Trend:Increase 250.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 66.63 (%).Trend:Decrease 46.24% than previous quarter

Overall: increasing (88.54%). 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 -9.43 (%).Trend:Decrease 24.74% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -52.34 (%).Trend:Increase 455.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -28.68 (%).Trend:Decrease 45.2% than previous quarter

Overall: decreasing (204.14%). 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 -6.95 (%).Trend:Increase 17.6% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -10.87 (%).Trend:Increase 56.4% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -11.57 (%).Trend:Increase 6.44% than previous quarter

Overall: decreasing (66.47%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.15 (USD).Trend:Increase 36.36% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.03 (USD).Trend:Decrease 80.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.06 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (-60.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show notable volatility in working capital and cost efficiency metrics. Liabilities on revenue demonstrate significant fluctuation, decreasing then rising dramatically. Current assets on revenue also reveal considerable instability. Cost efficiency, reflected by the ratio of retained earnings to revenue, indicates substantial decreases and increases, signifying an unstable cost structure. Investment efficiency, gauged by retained earnings on assets, shows a decreasing trend with high fluctuation. Earnings per share similarly exhibits significant fluctuations and decreasing trends.  The data highlights substantial volatility across all areas.