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 27.21 (%).Trend:Decrease 44.33% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 92.09 (%).Trend:Increase 238.44% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 47.1 (%).Trend:Decrease 48.85% than previous quarter

Overall: increasing (73.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 62.2 (%).Trend:Decrease 38.95% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 219.48 (%).Trend:Increase 252.86% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 100.12 (%).Trend:Decrease 54.38% than previous quarter

Overall: increasing (60.96%). 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 -6.61 (%).Trend:Decrease 11.04% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 14.09 (%).Trend:Decrease 313.16% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 2.9 (%).Trend:Decrease 79.42% than previous quarter

Overall: increasing (-143.87%). 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 -2.52 (%).Trend:Increase 35.48% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 1.42 (%).Trend:Decrease 156.35% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 0.6 (%).Trend:Decrease 57.75% than previous quarter

Overall: increasing (-123.81%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2022 to Q2 2023 present a volatile financial picture.  Liabilities and current assets on revenue show increases overall with very significant quarter-to-quarter variations.  The ratio of retained earnings to revenue is negative and shows extreme volatility, implying significant challenges in sustaining profitability.  Investment efficiency metrics reflect a negative trend with dramatic shifts between quarters.