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 32.64 (%).Trend:Decrease 3.17% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 93.62 (%).Trend:Increase 186.83% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.02 (%).Trend:Decrease 51.91% than previous quarter

Overall: increasing (37.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 50.55 (%).Trend:Decrease 34.7% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 171.07 (%).Trend:Increase 238.42% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 86.24 (%).Trend:Decrease 49.59% than previous quarter

Overall: increasing (70.6%). 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 -212.21 (%).Trend:Decrease 17.88% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -774.99 (%).Trend:Increase 265.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -369.95 (%).Trend:Decrease 52.26% than previous quarter

Overall: decreasing (74.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.47 (%).Trend:Increase 6.42% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.84 (%).Trend:Decrease 12.7% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.9 (%).Trend:Decrease 2.95% than previous quarter

Overall: decreasing (-15.27%). 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 -78.11 (%).Trend:Increase 12.07% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -84.86 (%).Trend:Increase 8.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -86.19 (%).Trend:Increase 1.57% than previous quarter

Overall: decreasing (10.34%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2022 to Q2 2023 exhibits significant fluctuations. Liabilities and current assets on revenue increased, but saw decreases. Cost efficiency, reflected in the ratio of retained earnings to revenue, decreased substantially. The SG&A expense ratio showed a decrease, although with smaller variations. Investment efficiency, calculated by retained earnings on assets, showed a consistent decline.