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 24.93 (%).Trend:Decrease 28.2% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 50.84 (%).Trend:Increase 103.93% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 27.57 (%).Trend:Decrease 45.77% than previous quarter

Overall: increasing (10.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 186.93 (%).Trend:Decrease 39.48% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 392.57 (%).Trend:Increase 110.01% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 321.96 (%).Trend:Decrease 17.99% than previous quarter

Overall: increasing (72.24%). 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 -464.61 (%).Trend:Decrease 32.75% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -1125.81 (%).Trend:Increase 142.31% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -574.79 (%).Trend:Decrease 48.94% than previous quarter

Overall: decreasing (23.71%). 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 -218.58 (%).Trend:Increase 9.46% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -247.01 (%).Trend:Increase 13.01% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -162.27 (%).Trend:Decrease 34.31% than previous quarter

Overall: increasing (-25.76%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.47 (USD).Trend:Increase 38.68% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.32 (USD).Trend:Decrease 78.23% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.61 (USD).Trend:Increase 90.62% than previous quarter

Overall: increasing (-58.5%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023, Liabilities on Revenue increased slightly (10.59%) with significant fluctuation.  Current assets on revenue increased substantially (72.24%) but with high variation. The Ratio of Retained Earnings to Revenue decreased (23.71%) with significant fluctuation. Retained Earnings on Assets showed an overall increase (-25.76%) and significant fluctuation. Earnings Per Share increased (-58.5%), demonstrating high variability.