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 16.61 (%).Trend:Decrease 32.4% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 58.65 (%).Trend:Increase 253.1% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 26.38 (%).Trend:Decrease 55.02% than previous quarter

Overall: increasing (58.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 50.83 (%).Trend:Decrease 27.6% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 155.68 (%).Trend:Increase 206.28% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 73.98 (%).Trend:Decrease 52.48% than previous quarter

Overall: increasing (45.54%). 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 29.61 (%).Trend:Decrease 38.44% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 35.39 (%).Trend:Increase 19.52% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 10.34 (%).Trend:Decrease 70.78% than previous quarter

Overall: decreasing (-65.08%). 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 26.76 (%).Trend:Decrease 6.24% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 12.99 (%).Trend:Decrease 51.46% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 8.33 (%).Trend:Decrease 35.87% than previous quarter

Overall: decreasing (-68.87%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2022 to Q2 2023 financial data reveals significant fluctuations in key metrics.  Liabilities on revenue increased overall, but showed substantial quarter-to-quarter variation. Similarly, current assets on revenue increased overall, but with high volatility. Conversely, the ratio of retained earnings to revenue and retained earnings on assets both decreased significantly, exhibiting substantial fluctuations.  Data for SG&A expense ratio and earnings per share were incomplete or unreliable.