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 13.54 (%).Trend:Decrease 39.04% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 58.58 (%).Trend:Increase 332.64% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.13 (%).Trend:Decrease 51.98% than previous quarter

Overall: increasing (107.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 117.62 (%).Trend:Decrease 39.69% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 254.95 (%).Trend:Increase 116.76% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 110.41 (%).Trend:Decrease 56.69% than previous quarter

Overall: decreasing (-6.13%). 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 -174.33 (%).Trend:Decrease 29.86% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -563.93 (%).Trend:Increase 223.48% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -263.89 (%).Trend:Decrease 53.21% than previous quarter

Overall: decreasing (51.37%). 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 -87.52 (%).Trend:Increase 12.59% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -78.73 (%).Trend:Decrease 10.04% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -82.55 (%).Trend:Increase 4.85% than previous quarter

Overall: increasing (-5.68%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.24 (USD).Trend:Increase 53.09% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.3 (USD).Trend:Decrease 75.81% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.55 (USD).Trend:Increase 83.33% than previous quarter

Overall: increasing (-55.65%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 exhibits significant fluctuations. Liabilities on revenue trended downwards, then sharply increased in Q1 2023 and decreased again in Q2 2023. Current assets on revenue also decreased, but with a large increase in Q1 2023 and a decrease in Q2 2023. Cost efficiency shows a negative trend in the ratio of retained earnings to revenue, fluctuating significantly. Invest efficiency shows a declining trend in retained earnings on assets across the period. Earning per share is also declining across all quarters, illustrating a negative financial health trend.  The results overall suggest unstable financial performance, with substantial and erratic shifts in key metrics.