Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 28.44 (%).Trend:Decrease 31.49% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.63 (%).Trend:Increase 35.83% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.28 (%).Trend:Decrease 47.5% than previous quarter

Overall: decreasing (-28.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 142.38 (%).Trend:Decrease 49.46% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 101.21 (%).Trend:Decrease 28.92% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 117.52 (%).Trend:Increase 16.12% than previous quarter

Overall: decreasing (-17.46%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -229.04 (%).Trend:Decrease 48.22% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -202.05 (%).Trend:Decrease 11.78% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -132.95 (%).Trend:Decrease 34.2% than previous quarter

Overall: increasing (-41.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 60.7 (%).Trend:Increase 0.21% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 60.17 (%).Trend:Decrease 0.87% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 60.61 (%).Trend:Increase 0.73% than previous quarter

Overall: decreasing (-0.15%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets -106.14 (%).Trend:Increase 5.86% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -53.74 (%).Trend:Decrease 49.37% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -43.61 (%).Trend:Decrease 18.85% than previous quarter

Overall: increasing (-58.91%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.32 (USD).Trend:Increase 255.56% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.36 (USD).Trend:Increase 12.5% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.48 (USD).Trend:Increase 33.33% than previous quarter

Overall: decreasing (50.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q3 2023 demonstrates significant fluctuations. Liabilities on revenue show a decreasing trend. Current assets on revenue also show a decreasing trend, although with moderate fluctuation. Cost efficiency exhibits a significant decreasing trend in retained earnings ratios.  SG&A expense ratio displays a slightly decreasing trend overall. Invest efficiency shows significant fluctuation with a slight net decline overall. Earnings per share show a decreasing trend overall.  The data indicate considerable volatility and instability in financial performance.