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 103.36 (%).Trend:Decrease 31.4% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 324.87 (%).Trend:Increase 214.31% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 151.31 (%).Trend:Decrease 53.42% than previous quarter

Overall: increasing (46.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 83.62 (%).Trend:Increase 10.83% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 201.54 (%).Trend:Increase 141.02% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 96.76 (%).Trend:Decrease 51.99% than previous quarter

Overall: increasing (15.71%). 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 -45.33 (%).Trend:Decrease 30.66% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -183.16 (%).Trend:Increase 304.06% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -90.57 (%).Trend:Decrease 50.55% than previous quarter

Overall: decreasing (99.8%). 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 -16.87 (%).Trend:Decrease 6.54% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -25.94 (%).Trend:Increase 53.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -26.5 (%).Trend:Increase 2.16% than previous quarter

Overall: decreasing (57.08%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.86 (USD).Trend:Increase 51.22% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 63.98% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.53 (USD).Trend:Increase 128.36% than previous quarter

Overall: decreasing (-17.74%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show considerable volatility in key financial metrics. Liabilities on revenue exhibit significant increases, interspersed with substantial declines. Current assets on revenue also trend upward, albeit with notable variability. The ratio of retained earnings to revenue and retained earnings on assets display downward trends with significant fluctuations, indicating a pattern of instability.  Earnings per share show a similar volatile trend.  Detailed analysis of the specific drivers behind these fluctuations is recommended.