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 26.75 (%).Trend:Decrease 37.35% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 64.96 (%).Trend:Increase 142.84% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.11 (%).Trend:Decrease 56.73% than previous quarter

Overall: increasing (5.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 205.31 (%).Trend:Decrease 35.74% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 593.1 (%).Trend:Increase 188.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 255.91 (%).Trend:Decrease 56.85% than previous quarter

Overall: increasing (24.65%). 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 -199.48 (%).Trend:Decrease 10.95% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -869.67 (%).Trend:Increase 335.97% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -440.18 (%).Trend:Decrease 49.39% than previous quarter

Overall: decreasing (120.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 56.82 (%).Trend:Increase 5.52% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 56.27 (%).Trend:Decrease 0.97% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 51.11 (%).Trend:Decrease 9.17% than previous quarter

Overall: decreasing (-10.05%). 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 -59.25 (%).Trend:Increase 25.61% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -81.31 (%).Trend:Increase 37.23% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -88.34 (%).Trend:Increase 8.65% than previous quarter

Overall: decreasing (49.1%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -4.71 (USD).Trend:Increase 51.45% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.92 (USD).Trend:Decrease 80.47% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.76 (USD).Trend:Increase 91.3% than previous quarter

Overall: increasing (-62.63%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 financial data reveals a mixed picture of financial performance.  Working capital efficiency, in terms of liabilities and current assets on revenue, shows an increasing trend though with high variation. Cost efficiency, as indicated by the ratio of retained earnings to revenue, demonstrates a significant decrease in the trend.  The SG&A expense ratio reveals a moderately stable downward trend.  Investment efficiency and earnings per share show consistent decreases with significant fluctuations.  Overall, the performance indicates potential problems despite some signs of stability in the SG&A ratio.