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 25.55 (%).Trend:Decrease 30.59% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 72.79 (%).Trend:Increase 184.89% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.88 (%).Trend:Decrease 41.09% than previous quarter

Overall: increasing (67.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 173.1 (%).Trend:Decrease 34.65% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 480.63 (%).Trend:Increase 177.66% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 219.49 (%).Trend:Decrease 54.33% than previous quarter

Overall: increasing (26.8%). 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 -395.96 (%).Trend:Decrease 18.58% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -1438.88 (%).Trend:Increase 263.39% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -724.4 (%).Trend:Decrease 49.66% than previous quarter

Overall: decreasing (82.95%). 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 -181.75 (%).Trend:Increase 50.34% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -231.83 (%).Trend:Increase 27.55% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -254.97 (%).Trend:Increase 9.98% than previous quarter

Overall: decreasing (40.29%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2022 to Q2 2023 financial data indicates significant volatility in key financial ratios. Liabilities on revenue and current assets on revenue show substantial increases and decreases, suggesting potential instability. Retained earnings to revenue ratios display consistent declines and large quarterly swings.  Similarly, retained earnings on assets demonstrate a notable downward trend with significant volatility.