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 61.31 (%).Trend:Decrease 34.95% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 201.86 (%).Trend:Increase 229.24% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 90.85 (%).Trend:Decrease 54.99% than previous quarter

Overall: increasing (48.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 87.52 (%).Trend:Decrease 36.48% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 245.61 (%).Trend:Increase 180.63% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 119.26 (%).Trend:Decrease 51.44% than previous quarter

Overall: increasing (36.27%). 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 -7.79 (%).Trend:Decrease 48.72% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -24.88 (%).Trend:Increase 219.38% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -12.85 (%).Trend:Decrease 48.35% than previous quarter

Overall: decreasing (64.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.98 (%).Trend:Decrease 2.55% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 47.21 (%).Trend:Increase 12.46% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 47.32 (%).Trend:Increase 0.23% than previous quarter

Overall: increasing (12.72%). 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 -2.17 (%).Trend:Decrease 21.66% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -2.46 (%).Trend:Increase 13.36% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -2.61 (%).Trend:Increase 6.1% than previous quarter

Overall: decreasing (20.28%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.08 (USD).Trend:Decrease 300.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 200.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.19 (USD).Trend:Increase 137.5% than previous quarter

Overall: decreasing (-337.5%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, significant volatility is evident. Liabilities and current assets on revenue increased, showcasing large fluctuations. The ratio of retained earnings to revenue decreased considerably.  SG&A expenses saw a slight rise.  Retained earnings on assets and earnings per share experienced notable decreases.