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 73.02 (%).Trend:Decrease 4.12% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 270.53 (%).Trend:Increase 270.49% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 194.36 (%).Trend:Decrease 28.16% than previous quarter

Overall: increasing (166.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 483.81 (%).Trend:Decrease 23.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 2314.01 (%).Trend:Increase 378.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 952.33 (%).Trend:Decrease 58.85% than previous quarter

Overall: increasing (96.84%). 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 -1388.11 (%).Trend:Decrease 24.75% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -9617.15 (%).Trend:Increase 592.82% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -4766.96 (%).Trend:Decrease 50.43% than previous quarter

Overall: decreasing (243.41%). 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 -250.99 (%).Trend:Increase 10.92% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -386.82 (%).Trend:Increase 54.12% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -464.6 (%).Trend:Increase 20.11% than previous quarter

Overall: decreasing (85.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.03 (USD).Trend:Increase 71.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.49 (USD).Trend:Decrease 52.43% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.08 (USD).Trend:Increase 120.41% than previous quarter

Overall: decreasing (4.85%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023,  key financial metrics displayed large swings. Liabilities on revenue increased 166.17%, while current assets on revenue showed an overall increase of 96.84%. The ratio of retained earnings to revenue decreased considerably (243.41%). Retained earnings on assets decreased by 85.11%, and earnings per share fell by 4.85%. Significant variation was consistent across all periods.