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 43.51 (%).Trend:Decrease 34.36% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 117.64 (%).Trend:Increase 170.37% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 58.82 (%).Trend:Decrease 50.0% than previous quarter

Overall: increasing (35.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 100.29 (%).Trend:Decrease 35.51% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 276.35 (%).Trend:Increase 175.55% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 138.35 (%).Trend:Decrease 49.94% than previous quarter

Overall: increasing (37.95%). 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 -41.71 (%).Trend:Decrease 36.94% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -100.05 (%).Trend:Increase 139.87% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -45.08 (%).Trend:Decrease 54.94% than previous quarter

Overall: decreasing (8.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.28 (%).Trend:Increase 5.16% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.53 (%).Trend:Decrease 4.91% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.83 (%).Trend:Decrease 4.82% than previous quarter

Overall: decreasing (-9.49%). 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 -22.07 (%).Trend:Decrease 1.16% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -19.29 (%).Trend:Decrease 12.6% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -17.5 (%).Trend:Decrease 9.28% than previous quarter

Overall: increasing (-20.71%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.13 (USD).Trend:Increase 160.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.32 (USD).Trend:Increase 146.15% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.72 (USD).Trend:Increase 125.0% than previous quarter

Overall: increasing (453.85%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q2 2023 reveal significant fluctuations.  Working capital efficiency, as measured by liabilities and current assets on revenue, displays a volatile trend with considerable changes in percentages. Cost efficiency, as measured by retained earnings-to-revenue ratios, exhibits a downward trend with significant variations between quarters. SG&A expense ratios show a slight decrease, suggesting potential cost-cutting efforts, with limited volatility. Investment efficiency, measured by retained earnings on assets, trends slightly upward with considerable quarter-to-quarter variability. Earnings per share demonstrate substantial growth, but with large fluctuations.