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 29.28 (%).Trend:Decrease 28.9% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 103.23 (%).Trend:Increase 252.56% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.62 (%).Trend:Decrease 52.9% than previous quarter

Overall: increasing (66.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 46.36 (%).Trend:Decrease 43.71% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 131.98 (%).Trend:Increase 184.69% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.48 (%).Trend:Decrease 50.39% than previous quarter

Overall: increasing (41.24%). 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 17.42 (%).Trend:Decrease 38.51% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 33.59 (%).Trend:Increase 92.82% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 18.86 (%).Trend:Decrease 43.85% than previous quarter

Overall: increasing (8.27%). 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 8.72 (%).Trend:Decrease 9.07% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 5.18 (%).Trend:Decrease 40.6% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 5.44 (%).Trend:Increase 5.02% than previous quarter

Overall: decreasing (-37.61%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.04 (USD).Trend:Decrease 136.36% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.05 (USD).Trend:Increase 25.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.02 (USD).Trend:Decrease 60.0% than previous quarter

Overall: increasing (-50.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 shows extremely volatile trends.  Working capital metrics, including liabilities and current assets on revenue, demonstrate substantial increases and decreases.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows a slight overall improvement yet still experiences considerable fluctuations.  Investment efficiency displays a substantial drop.  Earnings per share show a persistent negative trend, with large fluctuations. This volatile performance necessitates immediate review of financial strategies to stabilize the company's financial health.