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 39.12 (%).Trend:Decrease 32.68% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 104.24 (%).Trend:Increase 166.46% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.67 (%).Trend:Decrease 47.55% than previous quarter

Overall: increasing (39.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 31.02 (%).Trend:Decrease 32.33% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 87.74 (%).Trend:Increase 182.85% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 75.88 (%).Trend:Decrease 13.52% than previous quarter

Overall: increasing (144.62%). 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 -7.81 (%).Trend:Decrease 33.98% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -26.53 (%).Trend:Increase 239.69% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -11.99 (%).Trend:Decrease 54.81% than previous quarter

Overall: decreasing (53.52%). 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 -3.64 (%).Trend:Decrease 1.09% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -4.29 (%).Trend:Increase 17.86% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -3.52 (%).Trend:Decrease 17.95% than previous quarter

Overall: increasing (-3.3%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.21 (USD).Trend:Increase 5.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.36 (USD).Trend:Decrease 271.43% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.21 (USD).Trend:Decrease 41.67% than previous quarter

Overall: decreasing (-200.0%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities on revenue increased (39.75%) with significant fluctuation. Current assets on revenue also increased (144.62%) with high variability.  However, the ratio of retained earnings to revenue decreased (-53.52%), showing significant variation. Retained earnings on assets slightly improved (-3.3%), while earnings per share decreased dramatically (-200.0%), displaying high volatility.