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 39.25 (%).Trend:Decrease 31.3% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 141.01 (%).Trend:Increase 259.26% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.45 (%).Trend:Decrease 61.39% than previous quarter

Overall: increasing (38.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 39.57 (%).Trend:Decrease 25.11% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 179.2 (%).Trend:Increase 352.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 61.52 (%).Trend:Decrease 65.67% than previous quarter

Overall: increasing (55.47%). 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 -0.94 (%).Trend:Decrease 20.34% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 0.05 (%).Trend:Decrease 105.32% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 0.81 (%).Trend:Increase 1520.0% than previous quarter

Overall: increasing (-186.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.08 (%).Trend:Increase 0.31% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45.12 (%).Trend:Increase 0.09% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 44.07 (%).Trend:Decrease 2.33% than previous quarter

Overall: decreasing (-2.24%). Fluctuation: **Little** (low variation).


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 -0.53 (%).Trend:Increase 12.77% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 0.01 (%).Trend:Decrease 101.89% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 0.32 (%).Trend:Increase 3100.0% than previous quarter

Overall: increasing (-160.38%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.36 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 91.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.07 (USD).Trend:Increase 133.33% than previous quarter

Overall: decreasing (-80.56%). Fluctuation: **Significant** (high variation).



The financial statements, covering working capital, cost, and investment efficiency, reveal substantial volatility.  Working capital efficiency fluctuates dramatically, with liabilities and current assets relative to revenue exhibiting large increases and decreases.  Cost efficiency reveals a relatively steady SG&A expense ratio but large fluctuations in earnings ratios and EPS.  Investment efficiency exhibits similar substantial increases and decreases in key metrics, suggesting potential risks and opportunities.  These findings demand a thorough investigation into underlying causes and potential corrective actions to address the instability.