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 4.92 (%).Trend:Decrease 51.72% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 18.99 (%).Trend:Increase 285.98% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 10.77 (%).Trend:Decrease 43.29% than previous quarter

Overall: increasing (118.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 8.74 (%).Trend:Decrease 47.48% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 34.12 (%).Trend:Increase 290.39% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 17.1 (%).Trend:Decrease 49.88% than previous quarter

Overall: increasing (95.65%). 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 0.94 (%).Trend:Decrease 38.56% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 1.83 (%).Trend:Increase 94.68% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 0.87 (%).Trend:Decrease 52.46% than previous quarter

Overall: decreasing (-7.45%). 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 7.85 (%).Trend:Increase 7.68% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 3.75 (%).Trend:Decrease 52.23% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 3.76 (%).Trend:Increase 0.27% than previous quarter

Overall: decreasing (-52.1%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.15 (USD).Trend:Increase 25.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 93.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.07 (USD).Trend:Increase 600.0% than previous quarter

Overall: decreasing (-53.33%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q2 2023 financial data reveals significant volatility. Liabilities on revenue increased (118.9%), and current assets on revenue also increased (95.65%). Cost efficiency declined slightly (-7.45%). Investment efficiency decreased substantially (-52.1%). Earnings per share decreased notably (-53.33%).