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 33.78 (%).Trend:Decrease 40.98% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 82.89 (%).Trend:Increase 145.38% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.3 (%).Trend:Decrease 45.35% than previous quarter

Overall: increasing (34.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 229.85 (%).Trend:Decrease 35.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 308.21 (%).Trend:Increase 34.09% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 165.23 (%).Trend:Decrease 46.39% than previous quarter

Overall: decreasing (-28.11%). 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 45.14 (%).Trend:Decrease 37.71% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 98.61 (%).Trend:Increase 118.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 38.2 (%).Trend:Decrease 61.26% than previous quarter

Overall: decreasing (-15.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.41 (%).Trend:Decrease 4.22% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.54 (%).Trend:Increase 10.44% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.94 (%).Trend:Increase 1.77% than previous quarter

Overall: increasing (12.4%). 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 17.22 (%).Trend:Decrease 2.99% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 13.32 (%).Trend:Decrease 22.65% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 9.7 (%).Trend:Decrease 27.18% than previous quarter

Overall: decreasing (-43.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.47 (USD).Trend:Decrease 6.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.29 (USD).Trend:Decrease 38.3% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.91 (USD).Trend:Increase 213.79% than previous quarter

Overall: decreasing (93.62%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities on revenue increased 34.1% overall, but showed significant fluctuation.  Current assets on revenue decreased 28.11% overall with significant fluctuation. The ratio of retained earnings to revenue decreased (-15.37%), also with significant fluctuation, while the SG&A expense ratio increased by 12.4% with little fluctuation.  Retained earnings on assets decreased significantly (-43.67%), and earnings per share decreased significantly (-93.62%).