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 20.71 (%).Trend:Decrease 44.61% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 61.44 (%).Trend:Increase 196.67% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 31.89 (%).Trend:Decrease 48.1% than previous quarter

Overall: increasing (53.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 33.6 (%).Trend:Decrease 33.79% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 98.75 (%).Trend:Increase 193.9% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 49.65 (%).Trend:Decrease 49.72% than previous quarter

Overall: increasing (47.77%). 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 -2.76 (%).Trend:Decrease 49.73% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -9.81 (%).Trend:Increase 255.43% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -4.69 (%).Trend:Decrease 52.19% than previous quarter

Overall: decreasing (69.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.94 (%).Trend:Decrease 1.4% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.49 (%).Trend:Increase 6.47% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.5 (%).Trend:Decrease 3.88% than previous quarter

Overall: increasing (2.34%). 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 -2.65 (%).Trend:Decrease 21.36% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -3.1 (%).Trend:Increase 16.98% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -2.98 (%).Trend:Decrease 3.87% than previous quarter

Overall: decreasing (12.45%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data for Q3 2022 to Q2 2023 show marked fluctuations. Liabilities on revenue increased, with significant quarterly variations. Current assets on revenue also demonstrate substantial increases, fluctuating greatly across the quarters. Cost efficiency displays a decrease in the ratio of retained earnings to revenue.  SG&A expense ratio shows a slightly increasing trend with minimal fluctuation. Investment efficiency reveals considerable variation in retained earnings on assets.  The significant volatility across all metrics suggests a need for careful examination of the context.