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 37.6 (%).Trend:Decrease 36.77% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 127.03 (%).Trend:Increase 237.85% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 61.7 (%).Trend:Decrease 51.43% than previous quarter

Overall: increasing (64.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 213.49 (%).Trend:Decrease 34.93% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 668.29 (%).Trend:Increase 213.03% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 314.68 (%).Trend:Decrease 52.91% than previous quarter

Overall: increasing (47.4%). 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 -177.25 (%).Trend:Decrease 28.93% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -637.92 (%).Trend:Increase 259.9% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -321.64 (%).Trend:Decrease 49.58% than previous quarter

Overall: decreasing (81.46%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.74 (%).Trend:Increase 4.24% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.08 (%).Trend:Increase 5.12% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 47.01 (%).Trend:Decrease 2.23% than previous quarter

Overall: increasing (2.78%). Fluctuation: **Little** (low 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 -50.19 (%).Trend:Increase 9.23% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -53.62 (%).Trend:Increase 6.83% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -56.04 (%).Trend:Increase 4.51% than previous quarter

Overall: decreasing (11.66%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.77 (USD).Trend:Increase 63.83% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.23 (USD).Trend:Decrease 70.13% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.45 (USD).Trend:Increase 95.65% than previous quarter

Overall: increasing (-41.56%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased dramatically in Q1 2023, then decreased significantly in Q2 and Q3. Current assets on revenue also increased substantially in Q1 2023, followed by declines in Q2 and Q3. Cost efficiency shows a significant decrease in the ratio of retained earnings to revenue, with fluctuating trends across the quarters. The Selling, General & Administrative (SG&A) expense ratio shows a slight overall increase with minimal fluctuation. Investment efficiency demonstrates a consistent decrease in retained earnings on assets with significant variation. Earning per share shows a fluctuating trend, with increases and decreases across the quarters.