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 53.99 (%).Trend:Decrease 25.83% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 149.3 (%).Trend:Increase 176.53% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 77.14 (%).Trend:Decrease 48.33% than previous quarter

Overall: increasing (42.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 126.08 (%).Trend:Decrease 32.65% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 346.85 (%).Trend:Increase 175.1% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 171.64 (%).Trend:Decrease 50.51% than previous quarter

Overall: increasing (36.14%). 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 -85.77 (%).Trend:Decrease 33.39% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -316.96 (%).Trend:Increase 269.55% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -168.81 (%).Trend:Decrease 46.74% than previous quarter

Overall: decreasing (96.82%). 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 -45.67 (%).Trend:Increase 0.04% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -60.61 (%).Trend:Increase 32.71% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -65.36 (%).Trend:Increase 7.84% than previous quarter

Overall: decreasing (43.11%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2022 to Q2 2023 data reveals substantial volatility in key financial metrics.  Both liabilities on revenue and current assets on revenue showed overall increases (42.88% and 36.14%), but with significant quarter-to-quarter swings.  Conversely, retained earnings ratios (to revenue and on assets) decreased substantially (96.82% and 43.11%), exhibiting similar high volatility.  This instability necessitates further investigation.