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 29.9 (%).Trend:Decrease 19.23% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 101.05 (%).Trend:Increase 237.96% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 47.81 (%).Trend:Decrease 52.69% than previous quarter

Overall: increasing (59.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 143.67 (%).Trend:Decrease 35.28% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 447.46 (%).Trend:Increase 211.45% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 209.23 (%).Trend:Decrease 53.24% than previous quarter

Overall: increasing (45.63%). 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 -122.84 (%).Trend:Decrease 30.45% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -503.63 (%).Trend:Increase 309.99% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -243.32 (%).Trend:Decrease 51.69% than previous quarter

Overall: decreasing (98.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.98 (%).Trend:Increase 0.17% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 53.02 (%).Trend:Increase 29.38% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 51.31 (%).Trend:Decrease 3.23% than previous quarter

Overall: increasing (25.21%). Fluctuation: **Neutral** (moderate 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 -68.1 (%).Trend:Increase 6.26% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -89.41 (%).Trend:Increase 31.29% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -93.89 (%).Trend:Increase 5.01% than previous quarter

Overall: decreasing (37.87%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.0 (USD).Trend:Increase 112.77% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (100.0%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities on revenue increased by 59.9% and current assets on revenue increased by 45.63%, both displaying significant fluctuation. The ratio of retained earnings to revenue decreased (98.08%) with significant variation.  The SG&A expense ratio showed moderate fluctuation and an overall increase of 25.21%. Retained earnings on assets and earnings per share both decreased significantly (37.87% and 100.0%, respectively), exhibiting high volatility.