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 45.05 (%).Trend:Increase 8.61% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 88.99 (%).Trend:Increase 97.54% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 66.72 (%).Trend:Decrease 25.03% than previous quarter

Overall: increasing (48.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 111.96 (%).Trend:Decrease 24.34% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 340.82 (%).Trend:Increase 204.41% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 171.41 (%).Trend:Decrease 49.71% than previous quarter

Overall: increasing (53.1%). 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 -46.05 (%).Trend:Decrease 43.79% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -114.99 (%).Trend:Increase 149.71% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -44.43 (%).Trend:Decrease 61.36% than previous quarter

Overall: increasing (-3.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.92 (%).Trend:Decrease 4.96% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 57.73 (%).Trend:Increase 9.09% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 53.2 (%).Trend:Decrease 7.85% than previous quarter

Overall: increasing (0.53%). 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 -23.13 (%).Trend:Decrease 17.77% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -20.48 (%).Trend:Decrease 11.46% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -14.84 (%).Trend:Decrease 27.54% than previous quarter

Overall: increasing (-35.84%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.69 (USD).Trend:Decrease 2400.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.79 (USD).Trend:Decrease 214.49% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.19 (USD).Trend:Decrease 124.05% than previous quarter

Overall: decreasing (-72.46%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities and current assets on revenue both increased significantly. The ratio of retained earnings to revenue showed an overall slight increase with considerable fluctuation. SG&A expense ratio showed a slight increase with low variation. Retained earnings on assets and earnings per share decreased significantly.