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 20.49 (%).Trend:Increase 255.11% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 61.19 (%).Trend:Increase 198.63% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 34.15 (%).Trend:Decrease 44.19% than previous quarter

Overall: increasing (66.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 247.6 (%).Trend:Increase 239.18% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 777.4 (%).Trend:Increase 213.97% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 372.41 (%).Trend:Decrease 52.1% than previous quarter

Overall: increasing (50.41%). 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 -101.12 (%).Trend:Increase 258.07% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -348.4 (%).Trend:Increase 244.54% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -171.18 (%).Trend:Decrease 50.87% than previous quarter

Overall: decreasing (69.28%). 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 -22.92 (%).Trend:Increase 4.56% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -24.71 (%).Trend:Increase 7.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -25.22 (%).Trend:Increase 2.06% than previous quarter

Overall: decreasing (10.03%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2022 to Q2 2023 showcases significant volatility. Liabilities on revenue demonstrate an overall increasing trend with large fluctuations. Current assets on revenue show a similar pattern of increases and substantial drops.  Cost efficiency, as measured by the ratio of retained earnings to revenue, displays a substantial and volatile decline. Investment efficiency shows a consistent decreasing trend in retained earnings on assets, characterized by significant swings in each quarter. These highly variable trends indicate financial instability and require further examination.