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 42.76 (%).Trend:Decrease 32.27% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 144.08 (%).Trend:Increase 236.95% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 70.64 (%).Trend:Decrease 50.97% than previous quarter

Overall: increasing (65.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 58.84 (%).Trend:Decrease 33.83% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 173.25 (%).Trend:Increase 194.44% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 83.29 (%).Trend:Decrease 51.92% than previous quarter

Overall: increasing (41.55%). 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 -190.05 (%).Trend:Decrease 31.55% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -671.56 (%).Trend:Increase 253.36% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -337.29 (%).Trend:Decrease 49.78% than previous quarter

Overall: decreasing (77.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.4 (%).Trend:Increase 0.36% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.73 (%).Trend:Increase 24.92% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.52 (%).Trend:Increase 2.49% than previous quarter

Overall: increasing (28.03%). 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 -91.0 (%).Trend:Increase 4.21% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -99.03 (%).Trend:Increase 8.82% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -103.1 (%).Trend:Increase 4.11% than previous quarter

Overall: decreasing (13.3%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.02 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.15 (USD).Trend:Increase 650.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.28 (USD).Trend:Increase 86.67% than previous quarter

Overall: decreasing (1300.0%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities on revenue increased overall by 65.2%, and current assets on revenue increased by 41.55%. Both showed significant fluctuation.  The ratio of retained earnings to revenue decreased by 77.47%, also with significant fluctuation.  SG&A expense ratio increased by 28.03% with neutral fluctuation. Retained earnings on assets decreased by 13.3% with significant fluctuation, and earnings per share decreased by 1300% with significant fluctuation.