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 17.9 (%).Trend:Decrease 36.7% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 53.42 (%).Trend:Increase 198.44% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.41 (%).Trend:Decrease 54.31% than previous quarter

Overall: increasing (36.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 169.43 (%).Trend:Decrease 35.24% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 547.38 (%).Trend:Increase 223.07% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 224.41 (%).Trend:Decrease 59.0% than previous quarter

Overall: increasing (32.45%). 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 -110.74 (%).Trend:Decrease 33.52% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -385.55 (%).Trend:Increase 248.16% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -179.93 (%).Trend:Decrease 53.33% than previous quarter

Overall: decreasing (62.48%). 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 -57.75 (%).Trend:Increase 3.22% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -65.14 (%).Trend:Increase 12.8% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -73.65 (%).Trend:Increase 13.06% than previous quarter

Overall: decreasing (27.53%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency reveals considerable fluctuation. Liabilities on revenue increased sharply in Q1 2023, then decreased, while current assets exhibited a similar pattern. Cost efficiency, assessed by the ratio of retained earnings to revenue, demonstrates a significant negative trend. Investment efficiency, tracked by retained earnings on assets, consistently shows a downward trend with variations.