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 62.06 (%).Trend:Decrease 34.58% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 203.25 (%).Trend:Increase 227.51% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 102.34 (%).Trend:Decrease 49.65% than previous quarter

Overall: increasing (64.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 93.99 (%).Trend:Decrease 34.59% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 269.17 (%).Trend:Increase 186.38% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 131.39 (%).Trend:Decrease 51.19% than previous quarter

Overall: increasing (39.79%). 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 -71.75 (%).Trend:Decrease 35.11% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -178.18 (%).Trend:Increase 148.33% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -81.26 (%).Trend:Decrease 54.39% than previous quarter

Overall: decreasing (13.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.23 (%).Trend:Decrease 2.94% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.46 (%).Trend:Decrease 6.3% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.23 (%).Trend:Decrease 2.01% than previous quarter

Overall: decreasing (-8.18%). 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 -33.0 (%).Trend:Increase 1.95% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -29.07 (%).Trend:Decrease 11.91% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -27.09 (%).Trend:Decrease 6.81% than previous quarter

Overall: increasing (-17.91%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.8 (USD).Trend:Increase 1.27% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.57 (USD).Trend:Decrease 171.25% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.98 (USD).Trend:Increase 71.93% than previous quarter

Overall: increasing (-222.5%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q2 2023 show a mixed picture. Liabilities on revenue and current assets on revenue both show increasing trends, but with significant volatility.  The retained earnings-to-revenue ratio is decreasing, despite substantial fluctuations. The SG&A expense ratio demonstrates a steady decline with minimal variation.  Retained earnings on assets and earnings per share show increasing negativity (classified as increasing) with considerable fluctuations. The presented data suggests that performance is highly volatile, requiring further in-depth analysis of operational factors.