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 32.88 (%).Trend:Decrease 31.17% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 99.2 (%).Trend:Increase 201.7% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.67 (%).Trend:Decrease 50.94% than previous quarter

Overall: increasing (48.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 33.4 (%).Trend:Decrease 26.5% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 83.77 (%).Trend:Increase 150.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 39.11 (%).Trend:Decrease 53.31% than previous quarter

Overall: increasing (17.1%). 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 -21.86 (%).Trend:Decrease 37.29% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -70.85 (%).Trend:Increase 224.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -37.37 (%).Trend:Decrease 47.25% than previous quarter

Overall: decreasing (70.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.01 (%).Trend:Decrease 0.36% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.64 (%).Trend:Increase 5.72% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.74 (%).Trend:Increase 0.86% than previous quarter

Overall: increasing (6.63%). Fluctuation: **Little** (low variation).


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 -28.42 (%).Trend:Decrease 6.42% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -33.38 (%).Trend:Increase 17.45% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -35.72 (%).Trend:Increase 7.01% than previous quarter

Overall: decreasing (25.69%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.35 (USD).Trend:Increase 337.5% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.5 (USD).Trend:Decrease 242.86% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.62 (USD).Trend:Increase 24.0% than previous quarter

Overall: decreasing (-277.14%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 highlight significant fluctuations across key metrics. Working capital efficiency, assessed by liabilities and current assets on revenue, displays substantial changes. Cost efficiency, measured by retained earnings to revenue, demonstrates a negative overall trend with significant variations. SG&A expense ratio shows little change overall. Investment efficiency and earnings per share exhibit significant negative trends with large fluctuations.