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 14.53 (%).Trend:Decrease 27.82% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 47.75 (%).Trend:Increase 228.63% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 27.97 (%).Trend:Decrease 41.42% than previous quarter

Overall: increasing (92.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 58.03 (%).Trend:Decrease 31.3% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 180.68 (%).Trend:Increase 211.36% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 97.74 (%).Trend:Decrease 45.9% than previous quarter

Overall: increasing (68.43%). 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 -4.83 (%).Trend:Decrease 40.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -88.68 (%).Trend:Increase 1736.02% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -48.19 (%).Trend:Decrease 45.66% than previous quarter

Overall: decreasing (897.72%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.16 (%).Trend:Increase 8.4% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.07 (%).Trend:Increase 37.02% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.11 (%).Trend:Increase 0.57% than previous quarter

Overall: increasing (37.79%). Fluctuation: **Neutral** (moderate 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 -1.4 (%).Trend:Decrease 35.19% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -6.54 (%).Trend:Increase 367.14% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -6.9 (%).Trend:Increase 5.5% than previous quarter

Overall: decreasing (392.86%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2022 to Q2 2023 show substantial volatility in key metrics. Liabilities and current assets on revenue exhibit a sharp increase in Q1 2023, followed by a subsequent decrease. The ratio of retained earnings to revenue reveals a significant decrease in Q1 2023, following a period of decline. SG&A expense ratio increases steadily with moderate variation. Investment efficiency, as indicated by retained earnings on assets, demonstrates significant volatility.