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 54.59 (%).Trend:Decrease 48.84% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 223.63 (%).Trend:Increase 309.65% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 119.92 (%).Trend:Decrease 46.38% than previous quarter

Overall: increasing (119.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.08 (%).Trend:Decrease 47.29% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 188.6 (%).Trend:Increase 255.31% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 98.02 (%).Trend:Decrease 48.03% than previous quarter

Overall: increasing (84.66%). 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 6.34 (%).Trend:Increase 3.43% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2.86 (%).Trend:Decrease 145.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -6.67 (%).Trend:Increase 133.22% than previous quarter

Overall: decreasing (-205.21%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.39 (%).Trend:Decrease 12.33% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.11 (%).Trend:Increase 33.04% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.71 (%).Trend:Decrease 3.99% than previous quarter

Overall: increasing (27.74%). Fluctuation: **Neutral** (moderate 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 7.32 (%).Trend:Increase 88.66% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -0.91 (%).Trend:Decrease 112.43% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -4.35 (%).Trend:Increase 378.02% than previous quarter

Overall: decreasing (-159.43%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 512.24% than previous quarter
Year 2023 Quarter 1: Earning Per Share -2.0 (USD).Trend:Decrease 166.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share -5.0 (USD).Trend:Increase 150.0% than previous quarter

Overall: decreasing (-266.67%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 exhibits high volatility.  Liabilities and current assets on revenue increased significantly in Q1 2023 before declining in Q2 2023.  Ratio of retained earnings to revenue and retained earnings on assets decreased considerably, showing negative values in Q1 and Q2 2023.  SG&A expense ratio displayed moderate fluctuation, showing an overall slight increase.  Earnings per share decreased sharply, reaching negative values.