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 31.37 (%).Trend:Decrease 32.64% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 95.97 (%).Trend:Increase 205.93% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.77 (%).Trend:Decrease 49.18% than previous quarter

Overall: increasing (55.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 50.92 (%).Trend:Decrease 32.71% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 146.47 (%).Trend:Increase 187.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.8 (%).Trend:Decrease 48.93% than previous quarter

Overall: increasing (46.9%). 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 -3.83 (%).Trend:Decrease 44.17% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -8.55 (%).Trend:Increase 123.24% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -2.66 (%).Trend:Decrease 68.89% than previous quarter

Overall: increasing (-30.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.44 (%).Trend:Decrease 3.66% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.81 (%).Trend:Decrease 6.95% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.89 (%).Trend:Increase 0.37% than previous quarter

Overall: decreasing (-6.61%). 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 -2.34 (%).Trend:Decrease 12.03% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -1.78 (%).Trend:Decrease 23.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -1.13 (%).Trend:Decrease 36.52% than previous quarter

Overall: increasing (-51.71%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.06 (USD).Trend:Increase 500.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.05 (USD).Trend:Decrease 16.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.17 (USD).Trend:Increase 240.0% than previous quarter

Overall: increasing (183.33%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q2 2023 showcase significant volatility in various financial metrics. Working capital (liabilities and current assets) show increases with large quarter-to-quarter fluctuations. Cost efficiency (SG&A expense ratio) exhibits a slight decrease. The ratio of retained earnings to revenue and retained earnings on assets show a volatile trend. Earnings per share demonstrate significant positive and negative changes, indicating fluctuating financial performance.