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 44.1 (%).Trend:Decrease 68.85% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 140.49 (%).Trend:Increase 218.57% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 63.36 (%).Trend:Decrease 54.9% than previous quarter

Overall: increasing (43.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 65.97 (%).Trend:Decrease 66.3% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 198.67 (%).Trend:Increase 201.15% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 95.71 (%).Trend:Decrease 51.82% than previous quarter

Overall: increasing (45.08%). 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 16.94 (%).Trend:Decrease 89.45% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 41.62 (%).Trend:Increase 145.69% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 23.08 (%).Trend:Decrease 44.55% than previous quarter

Overall: increasing (36.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.39 (%).Trend:Increase 4.1% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 42.54 (%).Trend:Increase 5.32% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 41.48 (%).Trend:Decrease 2.49% than previous quarter

Overall: increasing (2.7%). 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 6.62 (%).Trend:Decrease 60.97% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 5.3 (%).Trend:Decrease 19.94% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 6.05 (%).Trend:Increase 14.15% than previous quarter

Overall: decreasing (-8.61%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -4.34 (USD).Trend:Decrease 1456.25% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.09 (USD).Trend:Decrease 97.93% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.31 (USD).Trend:Decrease 444.44% than previous quarter

Overall: increasing (-107.14%). Fluctuation: **Significant** (high variation).



Between Q3 2022 and Q2 2023, Liabilities on Revenue and Current Assets on Revenue increased with significant fluctuation.  Ratio of Retained Earnings to Revenue also increased significantly. SG&A Expense Ratio showed a small increase with little fluctuation. Retained Earning on Assets decreased slightly with moderate variation.  Earning Per Share showed significant fluctuation and an overall increase despite negative values.