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 17.9 (%).Trend:Decrease 36.7% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 53.42 (%).Trend:Increase 198.44% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.41 (%).Trend:Decrease 54.31% than previous quarter

Overall: increasing (36.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 169.43 (%).Trend:Decrease 35.24% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 547.38 (%).Trend:Increase 223.07% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 224.41 (%).Trend:Decrease 59.0% than previous quarter

Overall: increasing (32.45%). 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 -110.74 (%).Trend:Decrease 33.52% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -385.55 (%).Trend:Increase 248.16% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -179.93 (%).Trend:Decrease 53.33% than previous quarter

Overall: decreasing (62.48%). 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 -57.75 (%).Trend:Increase 3.22% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -65.14 (%).Trend:Increase 12.8% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -73.65 (%).Trend:Increase 13.06% than previous quarter

Overall: decreasing (27.53%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2022 to Q2 2023 displays substantial volatility.  Working capital efficiency, as indicated by liabilities and current assets on revenue, shows marked increases and decreases.  Cost efficiency, measured by the ratio of retained earnings to revenue,  displays a negative trend.  Investment efficiency, using retained earnings on assets, demonstrates a consistent downward trend.