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 38.78 (%).Trend:Decrease 9.62% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 99.11 (%).Trend:Increase 155.57% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 50.14 (%).Trend:Decrease 49.41% than previous quarter

Overall: increasing (29.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 91.7 (%).Trend:Decrease 22.0% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 234.44 (%).Trend:Increase 155.66% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 113.54 (%).Trend:Decrease 51.57% than previous quarter

Overall: increasing (23.82%). 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 -101.38 (%).Trend:Decrease 353.26% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -552.54 (%).Trend:Increase 445.02% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -291.37 (%).Trend:Decrease 47.27% than previous quarter

Overall: decreasing (187.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 42.78 (%).Trend:Increase 47.47% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45.55 (%).Trend:Increase 6.47% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45.04 (%).Trend:Decrease 1.12% than previous quarter

Overall: increasing (5.28%). 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 -36.78 (%).Trend:Decrease 563.81% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -101.98 (%).Trend:Increase 177.27% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -110.15 (%).Trend:Increase 8.01% than previous quarter

Overall: decreasing (199.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -10.0 (USD).Trend:Decrease 5363.16% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.76 (USD).Trend:Decrease 92.4% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.66 (USD).Trend:Increase 118.42% than previous quarter

Overall: increasing (-83.4%). Fluctuation: **Significant** (high variation).



The analysis covers Q3 2022 – Q2 2023, showing significant fluctuation in Liabilities on Revenue (overall increase 29.29%), Current assets on Revenue (overall increase 23.82%), Ratio of Retained Earnings to Revenue (overall decrease 187.4%), and Retained Earning on Assets (overall decrease 199.48%).  SG&A Expense Ratio shows a small increase (5.28%).  Earning Per Share shows an overall increase of -83.4%, with significant fluctuations.