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 67.86 (%).Trend:Decrease 44.75% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 167.52 (%).Trend:Increase 146.86% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 86.0 (%).Trend:Decrease 48.66% than previous quarter

Overall: increasing (26.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 47.71 (%).Trend:Decrease 27.73% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 197.66 (%).Trend:Increase 314.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 100.51 (%).Trend:Decrease 49.15% than previous quarter

Overall: increasing (110.67%). 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 -23.59 (%).Trend:Decrease 43.66% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -93.76 (%).Trend:Increase 297.46% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -45.45 (%).Trend:Decrease 51.53% than previous quarter

Overall: decreasing (92.67%). 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 -14.38 (%).Trend:Decrease 7.23% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -12.62 (%).Trend:Decrease 12.24% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -12.02 (%).Trend:Decrease 4.75% than previous quarter

Overall: increasing (-16.41%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2022-Q2 2023 reveals significant fluctuations in working capital efficiency. Liabilities on revenue increased overall by 26.73%, while current assets on revenue increased by 110.67%.  Cost efficiency shows a significant decrease in the ratio of retained earnings to revenue (-92.67%). Investment efficiency, as measured by retained earnings on assets, shows an overall increase, although still negative (-16.41%).  All metrics exhibit high variation.