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 34.17 (%).Trend:Decrease 32.62% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 744.46 (%).Trend:Increase 2078.69% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 139.06 (%).Trend:Decrease 81.32% than previous quarter

Overall: increasing (306.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 142.39 (%).Trend:Decrease 28.33% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 747.89 (%).Trend:Increase 425.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 156.01 (%).Trend:Decrease 79.14% than previous quarter

Overall: increasing (9.57%). 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 104.65 (%).Trend:Decrease 36.38% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 337.42 (%).Trend:Increase 222.43% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 58.11 (%).Trend:Decrease 82.78% than previous quarter

Overall: decreasing (-44.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.33 (%).Trend:Increase 3.06% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 61.54 (%).Trend:Increase 96.43% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.5 (%).Trend:Decrease 37.44% than previous quarter

Overall: increasing (22.89%). Fluctuation: **Significant** (high 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 28.26 (%).Trend:Decrease 13.89% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 18.68 (%).Trend:Decrease 33.9% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 13.3 (%).Trend:Decrease 28.8% than previous quarter

Overall: decreasing (-52.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -2.71 (USD).Trend:Increase 127.73% than previous quarter
Year 2023 Quarter 1: Earning Per Share -3.65 (USD).Trend:Increase 34.69% than previous quarter
Year 2023 Quarter 2: Earning Per Share -8.8 (USD).Trend:Increase 141.1% than previous quarter

Overall: decreasing (224.72%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 shows significant fluctuations. Liabilities on revenue and current assets on revenue increased overall, while the ratio of retained earnings to revenue and SG&A expense ratio increased only slightly.  Retained earnings on assets and earnings per share decreased substantially.  All metrics display significant variation.