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 77.28 (%).Trend:Decrease 21.45% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 187.81 (%).Trend:Increase 143.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 100.07 (%).Trend:Decrease 46.72% than previous quarter

Overall: increasing (29.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.29 (%).Trend:Decrease 27.84% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 131.65 (%).Trend:Increase 147.04% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.43 (%).Trend:Decrease 50.3% than previous quarter

Overall: increasing (22.78%). 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 -126.08 (%).Trend:Decrease 29.4% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -386.15 (%).Trend:Increase 206.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -176.04 (%).Trend:Decrease 54.41% than previous quarter

Overall: decreasing (39.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.09 (%).Trend:Increase 2.76% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.25 (%).Trend:Decrease 7.37% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 48.91 (%).Trend:Increase 1.37% than previous quarter

Overall: decreasing (-6.1%). 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 -39.3 (%).Trend:Increase 0.2% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -44.92 (%).Trend:Increase 14.3% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -41.18 (%).Trend:Decrease 8.33% than previous quarter

Overall: decreasing (4.78%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.42 (USD).Trend:Increase 16.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 64.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.43 (USD).Trend:Increase 186.67% than previous quarter

Overall: increasing (2.38%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 reveal significant volatility.  Working capital efficiency shows substantial fluctuation in liabilities and current assets on revenue, with large increases and decreases in each quarter. Cost efficiency is marked by a declining ratio of retained earnings to revenue, while SG&A expense ratio is decreasing slightly but steadily. Investment efficiency, indicated by retained earnings on assets, also shows a clear downward trend with quarter-to-quarter variation.  Earning per share saw a significant decrease in Q1 2023 followed by a considerable increase in Q2 2023.  The data indicate a high degree of variability in almost every financial metric.