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 69.36 (%).Trend:Decrease 20.7% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 201.61 (%).Trend:Increase 190.67% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 87.09 (%).Trend:Decrease 56.8% than previous quarter

Overall: increasing (25.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 120.25 (%).Trend:Decrease 33.8% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 421.6 (%).Trend:Increase 250.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 175.09 (%).Trend:Decrease 58.47% than previous quarter

Overall: increasing (45.6%). 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 -725.21 (%).Trend:Decrease 33.26% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2658.12 (%).Trend:Increase 266.53% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1201.82 (%).Trend:Decrease 54.79% than previous quarter

Overall: decreasing (65.72%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 43.93 (%).Trend:Decrease 1.1% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 56.01 (%).Trend:Increase 27.5% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 48.83 (%).Trend:Decrease 12.82% than previous quarter

Overall: increasing (11.15%). 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 -461.23 (%).Trend:Increase 1.36% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -488.56 (%).Trend:Increase 5.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -520.98 (%).Trend:Increase 6.64% than previous quarter

Overall: decreasing (12.95%). Fluctuation: **Significant** (high variation).

Earning Per Share


Q3 2022 to Q2 2023 data shows significant fluctuations. Liabilities on revenue increased 25.56%, and current assets on revenue increased 45.6%, both with high variation.  Cost efficiency is highly variable, with a significant decrease (-65.72%) in the ratio of retained earnings to revenue, while SG&A expense ratio increased by 11.15%. Investment efficiency, measured by retained earnings on assets, decreased by 12.95% with significant fluctuation.