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 34.98 (%).Trend:Decrease 30.24% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 108.54 (%).Trend:Increase 210.29% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 88.28 (%).Trend:Decrease 18.67% than previous quarter

Overall: increasing (152.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 48.79 (%).Trend:Decrease 31.43% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 151.29 (%).Trend:Increase 210.08% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 70.27 (%).Trend:Decrease 53.55% than previous quarter

Overall: increasing (44.03%). 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 1.29 (%).Trend:Decrease 37.38% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 4.47 (%).Trend:Increase 246.51% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 2.25 (%).Trend:Decrease 49.66% than previous quarter

Overall: increasing (74.42%). 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 1.03 (%).Trend:Decrease 1.9% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 1.17 (%).Trend:Increase 13.59% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.26 (%).Trend:Increase 7.69% than previous quarter

Overall: increasing (22.33%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.62 (USD).Trend:Decrease 1.59% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.07 (USD).Trend:Decrease 111.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.1 (USD).Trend:Increase 42.86% than previous quarter

Overall: increasing (-116.13%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 indicates significant fluctuations. Liabilities on revenue increased substantially (152.37%), while current assets on revenue also increased (44.03%). Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a notable increase (74.42%).  Invest efficiency shows a modest increase (22.33%) in retained earnings on assets. Earnings per share show a notable negative increase (-116.13%).