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 104.49 (%).Trend:Decrease 29.98% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 296.52 (%).Trend:Increase 183.78% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 150.33 (%).Trend:Decrease 49.3% than previous quarter

Overall: increasing (43.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 157.62 (%).Trend:Decrease 28.17% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 450.68 (%).Trend:Increase 185.93% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 234.38 (%).Trend:Decrease 47.99% than previous quarter

Overall: increasing (48.7%). 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 -145.47 (%).Trend:Decrease 33.35% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -408.73 (%).Trend:Increase 180.97% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -205.23 (%).Trend:Decrease 49.79% than previous quarter

Overall: decreasing (41.08%). 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 -53.73 (%).Trend:Decrease 3.03% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -54.23 (%).Trend:Increase 0.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -53.75 (%).Trend:Decrease 0.89% than previous quarter

Overall: decreasing (0.04%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.64 (USD).Trend:Increase 36.17% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.22 (USD).Trend:Decrease 65.62% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.36 (USD).Trend:Increase 63.64% than previous quarter

Overall: increasing (-43.75%). Fluctuation: **Significant** (high variation).



The period from Q3 2022 to Q2 2023 shows significant fluctuations in key financial ratios. Liabilities and current assets on revenue increased overall, despite considerable quarterly variations (43.87% and 48.7% increases respectively).  The ratio of retained earnings to revenue decreased substantially (41.08% decrease), while retained earnings on assets slightly decreased (0.04% decrease).  Earnings per share increased (-43.75%), highlighting inconsistent performance.