Working Capital Efficiency
The data from Quater 2 in 2021 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 2: Liabilities on Revenue 71.07 (%).Trend:Decrease 44.23% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 63.68 (%).Trend:Decrease 10.4% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 186.45 (%).Trend:Increase 192.79% than previous quarter

Overall: increasing (162.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 76.25 (%).Trend:Decrease 84.71% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 112.42 (%).Trend:Increase 47.44% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 223.98 (%).Trend:Increase 99.24% than previous quarter

Overall: increasing (193.74%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2021 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -43.16 (%).Trend:Decrease 412.75% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -56.78 (%).Trend:Increase 31.56% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -204.52 (%).Trend:Increase 260.2% than previous quarter

Overall: decreasing (373.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.71 (%).Trend:Increase 56.78% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 42.49 (%).Trend:Increase 22.41% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 80.75 (%).Trend:Increase 90.04% than previous quarter

Overall: increasing (132.64%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 2 in 2021 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 2: Retained Earning on Assets -13.13 (%).Trend:Decrease 890.96% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -19.46 (%).Trend:Increase 48.21% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -27.32 (%).Trend:Increase 40.39% than previous quarter

Overall: decreasing (108.07%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial performance from Q2 2021 to Q2 2023 shows significant volatility.  Liabilities and current assets on revenue both increased substantially (162.35% and 193.74%), suggesting expansion but also potential instability.   The ratio of retained earnings to revenue, however, declined dramatically (373.86%), suggesting a serious issue with profitability.  SG&A expenses also showed significant growth (132.64%). Retained earnings on assets also decreased significantly (108.07%).  The high variability across all metrics necessitates further investigation.