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 52.07 (%).Trend:Decrease 36.89% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 138.43 (%).Trend:Increase 165.85% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 81.13 (%).Trend:Decrease 41.39% than previous quarter

Overall: increasing (55.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 83.49 (%).Trend:Decrease 29.15% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 202.64 (%).Trend:Increase 142.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 98.71 (%).Trend:Decrease 51.29% than previous quarter

Overall: increasing (18.23%). 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 -80.44 (%).Trend:Decrease 42.91% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -393.84 (%).Trend:Increase 389.61% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -205.85 (%).Trend:Decrease 47.73% than previous quarter

Overall: decreasing (155.91%). 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 -39.47 (%).Trend:Decrease 13.23% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -46.72 (%).Trend:Increase 18.37% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -48.17 (%).Trend:Increase 3.1% than previous quarter

Overall: decreasing (22.04%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.3 (USD).Trend:Increase 52.94% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 86.15% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.09 (USD).Trend:Decrease 50.0% than previous quarter

Overall: decreasing (-93.08%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2022 to Q2 2023 shows significant fluctuation across various metrics. Liabilities on revenue increased then decreased and fluctuated again in the analyzed period, as did current assets on revenue. Cost efficiency demonstrated a significant decreasing trend in the ratio of retained earnings to revenue.  Investment efficiency shows similar downward movement in retained earnings on assets. Earning per share experienced a considerable decrease. Overall, the financial health of the company exhibits high volatility.