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 reveals significant fluctuations. Liabilities on revenue increased notably from Q3 2022 to Q1 2023, and then slightly decreased in Q2 2023, exhibiting considerable instability. Current assets on revenue trended downward, decreasing by nearly 60% from Q3 2022 to Q2 2023.  Cost efficiency reveals a substantial decline in retained earnings to revenue. Invest efficiency shows declining retained earnings on assets, with fluctuations. Earning per share exhibits a negative trend throughout the period, decreasing substantially in Q1 2023. Overall, significant variability across most financial metrics points to ongoing instability.