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 71.04 (%).Trend:Decrease 37.45% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 256.24 (%).Trend:Increase 260.7% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 112.63 (%).Trend:Decrease 56.05% than previous quarter

Overall: increasing (58.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 55.16 (%).Trend:Decrease 39.4% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 213.0 (%).Trend:Increase 286.15% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 86.51 (%).Trend:Decrease 59.38% than previous quarter

Overall: increasing (56.83%). 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 -321.42 (%).Trend:Decrease 32.64% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -793.31 (%).Trend:Increase 146.81% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -389.95 (%).Trend:Decrease 50.85% than previous quarter

Overall: decreasing (21.32%). 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 -46.31 (%).Trend:Increase 3.28% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -31.96 (%).Trend:Decrease 30.99% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -28.1 (%).Trend:Decrease 12.08% than previous quarter

Overall: increasing (-39.32%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -107.0 (USD).Trend:Increase 1.29% than previous quarter
Year 2023 Quarter 1: Earning Per Share 38.97 (USD).Trend:Decrease 136.42% than previous quarter
Year 2023 Quarter 2: Earning Per Share 41.18 (USD).Trend:Increase 5.67% than previous quarter

Overall: increasing (-138.49%). Fluctuation: **Significant** (high variation).



Financial statements show significant volatility in key metrics across three quarters (Q3 2022 to Q2 2023). Liabilities on revenue and current assets on revenue show a pattern of increase and decrease, implying a fluctuating working capital efficiency. The ratio of retained earnings to revenue is consistently decreasing, indicating a declining cost efficiency.  Investment efficiency (retained earnings on assets) appears to have an upward trend, although highly volatile. Earnings per share also fluctuate significantly. Overall, the financial performance during these three quarters exhibits significant uncertainty and requires deeper analysis for solid conclusions.