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 105.36 (%).Trend:Decrease 22.66% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 280.38 (%).Trend:Increase 166.12% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 129.7 (%).Trend:Decrease 53.74% than previous quarter

Overall: increasing (23.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 120.01 (%).Trend:Decrease 19.82% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 321.69 (%).Trend:Increase 168.05% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 155.74 (%).Trend:Decrease 51.59% than previous quarter

Overall: increasing (29.77%). 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 -68.3 (%).Trend:Decrease 37.54% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -171.82 (%).Trend:Increase 151.57% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -82.09 (%).Trend:Decrease 52.22% than previous quarter

Overall: decreasing (20.19%). 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 -19.28 (%).Trend:Decrease 9.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -18.89 (%).Trend:Decrease 2.02% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -18.53 (%).Trend:Decrease 1.91% than previous quarter

Overall: increasing (-3.89%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.18 (USD).Trend:Increase 38.46% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 94.44% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.04 (USD).Trend:Increase 300.0% than previous quarter

Overall: decreasing (-77.78%). Fluctuation: **Significant** (high variation).



The Q3 2022 - Q2 2023 data reveals significant volatility. Liabilities and current assets on revenue increased (23.1% and 29.77%), though with major fluctuations.  The ratio of retained earnings to revenue worsened (-20.19%), demonstrating continued cost efficiency challenges. While retained earnings on assets saw slight improvement, earnings per share significantly declined (-77.78%), underscoring substantial financial instability.