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 36.23 (%).Trend:Decrease 35.76% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 93.88 (%).Trend:Increase 159.12% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 49.7 (%).Trend:Decrease 47.06% than previous quarter

Overall: increasing (37.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 85.8 (%).Trend:Decrease 33.57% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 247.51 (%).Trend:Increase 188.47% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 123.27 (%).Trend:Decrease 50.2% than previous quarter

Overall: increasing (43.67%). 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 15.63 (%).Trend:Decrease 34.79% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 41.3 (%).Trend:Increase 164.24% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 16.65 (%).Trend:Decrease 59.69% than previous quarter

Overall: increasing (6.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 49.99 (%).Trend:Decrease 5.47% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 58.72 (%).Trend:Increase 17.46% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 58.43 (%).Trend:Decrease 0.49% than previous quarter

Overall: increasing (16.88%). 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 14.06 (%).Trend:Increase 0.79% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 12.36 (%).Trend:Decrease 12.09% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 10.03 (%).Trend:Decrease 18.85% than previous quarter

Overall: decreasing (-28.66%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.67 (USD).Trend:Decrease 14.1% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.8 (USD).Trend:Increase 19.4% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.3 (USD).Trend:Increase 62.5% than previous quarter

Overall: decreasing (94.03%). Fluctuation: **Significant** (high variation).



The period from Q3 2022 to Q2 2023 saw increases in Liabilities on Revenue (37.18%), Current Assets on Revenue (43.67%), and the SG&A Expense Ratio (16.88%), with significant fluctuation in the first two and little variation in the last.  The Ratio of Retained Earnings to Revenue showed a small increase (6.53%) with significant fluctuation.  Retained Earning on Assets decreased (-28.66%) with moderate variation, while Earnings Per Share experienced a sharp decline (-94.03%) showing significant fluctuation.