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 55.16 (%).Trend:Decrease 37.55% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 159.66 (%).Trend:Increase 189.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 77.32 (%).Trend:Decrease 51.57% than previous quarter

Overall: increasing (40.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 203.49 (%).Trend:Decrease 35.73% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 477.33 (%).Trend:Increase 134.57% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 236.75 (%).Trend:Decrease 50.4% than previous quarter

Overall: increasing (16.34%). 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 -71.01 (%).Trend:Decrease 29.32% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -201.28 (%).Trend:Increase 183.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -99.49 (%).Trend:Decrease 50.57% than previous quarter

Overall: decreasing (40.11%). 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 -30.06 (%).Trend:Increase 9.75% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -35.27 (%).Trend:Increase 17.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -35.22 (%).Trend:Decrease 0.14% than previous quarter

Overall: decreasing (17.17%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.56 (USD).Trend:Increase 51.35% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 123.21% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.1 (USD).Trend:Decrease 23.08% than previous quarter

Overall: increasing (-117.86%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 financial statements reveal substantial volatility. Liabilities on revenue increased, but with pronounced quarter-to-quarter fluctuations. Current assets on revenue increased slightly, with similar significant quarter-to-quarter changes.  Cost efficiency (ratio of retained earnings to revenue) displays a declining trend with notable quarter-to-quarter variations.  Investment efficiency (retained earnings on assets) shows a decreasing overall trend but with substantial changes in each quarter.  Earnings per share show increases and decreases with significant quarter-to-quarter swings. The company's financial health demonstrates significant volatility and inconsistent trends.