Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 -267.93 (%).Trend:Decrease 34.86% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -790.18 (%).Trend:Increase 194.92% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -373.01 (%).Trend:Decrease 52.79% than previous quarter

Overall: decreasing (39.22%). 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 -62.29 (%).Trend:Increase 2.53% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -67.86 (%).Trend:Increase 8.94% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -69.15 (%).Trend:Increase 1.9% than previous quarter

Overall: decreasing (11.01%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -2.71 (USD).Trend:Increase 36.87% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.88 (USD).Trend:Decrease 30.63% than previous quarter
Year 2023 Quarter 2: Earning Per Share -2.73 (USD).Trend:Increase 45.21% than previous quarter

Overall: decreasing (0.74%). Fluctuation: **Significant** (high variation).



Financial analysis of Q3 2022 to Q2 2023 highlights volatile financial conditions. The ratio of retained earnings to revenue reveals a decreasing trend, fluctuating from -267.93% to -373.01%, but showing an overall decreasing trend.  Investment efficiency, measured by retained earnings on assets, also declines across the three quarters.  Earnings per share exhibits variable trends, showing a slight increase in both Q1 and Q2 2023, while the overall trend shows a decreasing trend.  This data underscores the need for further investigation into the underlying causes of the substantial fluctuations.