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 57.86 (%).Trend:Decrease 33.43% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 183.38 (%).Trend:Increase 216.94% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 85.26 (%).Trend:Decrease 53.51% than previous quarter

Overall: increasing (47.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 76.13 (%).Trend:Decrease 42.65% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 213.38 (%).Trend:Increase 180.28% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 96.52 (%).Trend:Decrease 54.77% than previous quarter

Overall: increasing (26.78%). 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 71.04 (%).Trend:Decrease 35.51% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 201.24 (%).Trend:Increase 183.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 105.0 (%).Trend:Decrease 47.82% than previous quarter

Overall: increasing (47.8%). 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 25.33 (%).Trend:Decrease 3.43% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 26.2 (%).Trend:Increase 3.43% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.22 (%).Trend:Increase 3.89% than previous quarter

Overall: increasing (7.46%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -2.78 (USD).Trend:Increase 1290.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.09 (USD).Trend:Decrease 211.15% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.85 (USD).Trend:Increase 154.05% than previous quarter

Overall: increasing (-382.37%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 shows substantial fluctuations. Working capital efficiency metrics (liabilities and current assets on revenue) indicate an overall increase but with significant volatility. Cost efficiency, as measured by the retained earnings to revenue ratio, displays similar patterns. Investment efficiency (retained earnings on assets) showed a minor increase overall with low variation.  Earnings per share demonstrate significant fluctuation, with a substantial decrease followed by substantial increases in the subsequent periods.