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 39.66 (%).Trend:Decrease 32.11% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 115.62 (%).Trend:Increase 191.53% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.92 (%).Trend:Decrease 52.5% than previous quarter

Overall: increasing (38.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 119.13 (%).Trend:Decrease 34.13% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 245.16 (%).Trend:Increase 105.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 123.3 (%).Trend:Decrease 49.71% than previous quarter

Overall: increasing (3.5%). 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 -125.95 (%).Trend:Decrease 30.9% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -366.53 (%).Trend:Increase 191.01% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -190.04 (%).Trend:Decrease 48.15% than previous quarter

Overall: decreasing (50.89%). 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 -39.59 (%).Trend:Increase 6.37% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -47.35 (%).Trend:Increase 19.6% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -49.84 (%).Trend:Increase 5.26% than previous quarter

Overall: decreasing (25.89%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.34 (USD).Trend:Increase 57.65% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 99.25% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.42 (USD).Trend:Increase 4100.0% than previous quarter

Overall: increasing (-68.66%). Fluctuation: **Significant** (high variation).



Over Q3 2022-Q2 2023, significant fluctuations were observed across key metrics. Liabilities on revenue showed an overall increase (38.48%), while current assets on revenue saw a slight increase (3.5%).  Conversely, the ratio of retained earnings to revenue decreased substantially (50.89%), and retained earnings on assets also decreased (25.89%). Earnings per share increased, but remained negative.