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 27.27 (%).Trend:Decrease 15.83% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 71.88 (%).Trend:Increase 163.59% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.17 (%).Trend:Decrease 55.24% than previous quarter

Overall: increasing (17.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 32.26 (%).Trend:Decrease 25.55% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 87.04 (%).Trend:Increase 169.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 40.42 (%).Trend:Decrease 53.56% than previous quarter

Overall: increasing (25.29%). 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 -3.18 (%).Trend:Decrease 52.11% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 2.86 (%).Trend:Decrease 189.94% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 5.98 (%).Trend:Increase 109.09% than previous quarter

Overall: increasing (-288.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -2.59 (%).Trend:Decrease 30.38% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 0.87 (%).Trend:Decrease 133.59% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 3.59 (%).Trend:Increase 312.64% than previous quarter

Overall: increasing (-238.61%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.11 (USD).Trend:Decrease 45.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.25 (USD).Trend:Decrease 327.27% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.59 (USD).Trend:Increase 136.0% than previous quarter

Overall: increasing (-636.36%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2022 to Q2 2023 reveals substantial quarterly volatility in financial metrics.  Working capital efficiency, though showing overall increases in both liabilities and current assets, experienced substantial quarterly variations.  Cost efficiency, as measured by retained earnings to revenue, indicates overall increasing trends, yet with significant fluctuations.  Investment efficiency, also increasing overall with significant fluctuations, presents a similar pattern of unpredictability. Earnings per share also reveal increasing trends despite considerable quarter-to-quarter variability, hinting at volatile financial performance.