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 53.18 (%).Trend:Decrease 33.25% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 161.76 (%).Trend:Increase 204.17% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 81.92 (%).Trend:Decrease 49.36% than previous quarter

Overall: increasing (54.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 90.3 (%).Trend:Decrease 32.04% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 272.97 (%).Trend:Increase 202.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 137.35 (%).Trend:Decrease 49.68% than previous quarter

Overall: increasing (52.1%). 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 -159.39 (%).Trend:Decrease 35.46% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -435.63 (%).Trend:Increase 173.31% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -224.95 (%).Trend:Decrease 48.36% than previous quarter

Overall: decreasing (41.13%). 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 -115.56 (%).Trend:Decrease 1.38% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -106.86 (%).Trend:Decrease 7.53% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -108.96 (%).Trend:Increase 1.97% than previous quarter

Overall: increasing (-5.71%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.51 (USD).Trend:Increase 10.87% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.04 (USD).Trend:Decrease 92.16% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.13 (USD).Trend:Increase 225.0% than previous quarter

Overall: increasing (-74.51%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 shows significant and erratic trends.  Working capital efficiency metrics (liabilities and current assets on revenue) display substantial increases and decreases, with high variability. Cost efficiency (ratio of retained earnings to revenue) shows a consistent downward trend with considerable fluctuation. Investment efficiency (retained earnings on assets) shows a slight overall increase but considerable quarter-to-quarter shifts. Earnings per share demonstrate large increases and decreases, illustrating significant instability.