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 31.23 (%).Trend:Decrease 48.84% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 93.3 (%).Trend:Increase 198.75% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 51.02 (%).Trend:Decrease 45.32% than previous quarter

Overall: increasing (63.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 31.54 (%).Trend:Decrease 41.11% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 115.64 (%).Trend:Increase 266.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 54.58 (%).Trend:Decrease 52.8% than previous quarter

Overall: increasing (73.05%). 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 -5.18 (%).Trend:Decrease 67.56% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 2.21 (%).Trend:Decrease 142.66% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1.86 (%).Trend:Decrease 15.84% than previous quarter

Overall: increasing (-135.91%). 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 -9.19 (%).Trend:Decrease 45.97% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 1.12 (%).Trend:Decrease 112.19% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.79 (%).Trend:Increase 59.82% than previous quarter

Overall: increasing (-119.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.7 (USD).Trend:Increase 2250.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.96 (USD).Trend:Decrease 15.74% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.45 (USD).Trend:Increase 12.37% than previous quarter

Overall: decreasing (-5.32%). Fluctuation: **Little** (low variation).



Financial analysis from Q3 2022 to Q2 2023 indicates high volatility across key metrics.  Liabilities on revenue exhibit a decrease followed by an increase in Q1, then a subsequent decrease. Current assets on revenue display a similar pattern of large increases and decreases. Cost efficiency, as indicated by the ratio of retained earnings to revenue, shows significant overall increases with extreme variation between quarters. Investment efficiency reflects large increases and decreases while earning per share show a slight overall decline with lower quarter-to-quarter variation. The data suggest significant financial risks and uncertainties.