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

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 127.97 (%).Trend:Decrease 52.42% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 87.76 (%).Trend:Decrease 31.42% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 118.32 (%).Trend:Increase 34.82% than previous quarter

Overall: decreasing (-7.54%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 46.34 (%).Trend:Decrease 53.57% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 36.01 (%).Trend:Decrease 22.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 49.07 (%).Trend:Increase 36.27% than previous quarter

Overall: increasing (5.89%). Fluctuation: **Neutral** (moderate variation).


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

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -42.16 (%).Trend:Decrease 46.11% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -35.56 (%).Trend:Decrease 15.65% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -102.54 (%).Trend:Increase 188.36% than previous quarter

Overall: decreasing (143.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets -6.85 (%).Trend:Increase 11.93% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -8.67 (%).Trend:Increase 26.57% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -17.92 (%).Trend:Increase 106.69% than previous quarter

Overall: decreasing (161.61%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -1.95 (USD).Trend:Increase 34.48% than previous quarter
Year 2022 Quarter 3: Earning Per Share -3.0 (USD).Trend:Increase 53.85% than previous quarter
Year 2023 Quarter 2: Earning Per Share -2.0 (USD).Trend:Decrease 33.33% than previous quarter

Overall: decreasing (2.56%). Fluctuation: **Significant** (high variation).



Working capital efficiency demonstrates neutral fluctuation. Liabilities on revenue show a general downward trend but with some variation. Current assets on revenue show a slight increase,  suggesting improved asset management. Cost efficiency displays significant variation, with the Ratio of Retained Earnings to Revenue experiencing a substantial, unpredictable increase.  Investment efficiency shows a considerable decrease, accompanied by significant fluctuation. Earnings per share are also declining significantly across the three quarters. The data suggests a mix of positive and negative trends that need further investigation to understand the underlying causes.