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 19.35 (%).Trend:Decrease 60.98% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 57.2 (%).Trend:Increase 195.61% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.48 (%).Trend:Decrease 46.71% than previous quarter

Overall: increasing (57.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 138.11 (%).Trend:Decrease 40.09% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 135.61 (%).Trend:Decrease 1.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.93 (%).Trend:Decrease 44.75% than previous quarter

Overall: decreasing (-45.75%). 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 37.75 (%).Trend:Decrease 34.12% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 78.97 (%).Trend:Increase 109.19% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 36.85 (%).Trend:Decrease 53.34% than previous quarter

Overall: decreasing (-2.38%). 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 6.74 (%).Trend:Decrease 0.74% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 5.3 (%).Trend:Decrease 21.36% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.94 (%).Trend:Decrease 6.79% than previous quarter

Overall: decreasing (-26.71%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.14 (USD).Trend:Increase 75.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.16 (USD).Trend:Increase 14.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.29 (USD).Trend:Increase 81.25% than previous quarter

Overall: decreasing (107.14%). Fluctuation: **Significant** (high variation).



Working capital efficiency exhibits significant volatility. Liabilities on revenue decreased significantly in Q3 2022 and then rose drastically in Q1 2023, but again fell in Q2 2023.  Current assets on revenue also demonstrate a substantial downward trend with significant variation. Cost efficiency, measured by the ratio of retained earnings to revenue, shows a fluctuating, negative overall trend.  Investment efficiency shows a consistent decline in retained earnings on assets. Earnings per share remain negative and have decreased with varying rates of change, highlighting the overall volatility.