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 115.79 (%).Trend:Decrease 28.14% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 350.14 (%).Trend:Increase 202.39% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 145.25 (%).Trend:Decrease 58.52% than previous quarter

Overall: increasing (25.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 89.43 (%).Trend:Decrease 33.23% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 198.78 (%).Trend:Increase 122.27% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 76.72 (%).Trend:Decrease 61.4% than previous quarter

Overall: decreasing (-14.21%). 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 -296.98 (%).Trend:Decrease 29.04% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -1170.64 (%).Trend:Increase 294.18% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -572.84 (%).Trend:Decrease 51.07% than previous quarter

Overall: decreasing (92.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 81.96 (%).Trend:Increase 0.36% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 83.57 (%).Trend:Increase 1.96% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 78.93 (%).Trend:Decrease 5.55% than previous quarter

Overall: decreasing (-3.7%). 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 -150.64 (%).Trend:Increase 7.61% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -218.8 (%).Trend:Increase 45.25% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -244.58 (%).Trend:Increase 11.78% than previous quarter

Overall: decreasing (62.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -6.06 (USD).Trend:Increase 43.94% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.95 (USD).Trend:Decrease 84.32% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.36 (USD).Trend:Increase 43.16% than previous quarter

Overall: increasing (-77.56%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 reveal significant volatility in several key areas. Liabilities on revenue saw a fluctuating increase (25.44%), while current assets on revenue decreased (-14.21%). Cost efficiency, as reflected by a decreasing ratio of retained earnings to revenue (92.89%), is a key concern. Selling, General, and Administrative (SG&A) expense ratios show a slight overall decrease (-3.7%). Investment efficiency shows a substantial decline (62.36%) across the period, with substantial quarter-to-quarter variations. Earnings per share increased with a considerable net decrease (-77.56%).  The substantial fluctuations across these metrics suggest instability and a need for further investigation into the underlying financial performance trends.