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 23.78 (%).Trend:Decrease 37.52% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 42.67 (%).Trend:Increase 79.44% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 18.8 (%).Trend:Decrease 55.94% than previous quarter

Overall: decreasing (-20.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 35.67 (%).Trend:Decrease 23.83% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 89.08 (%).Trend:Increase 149.73% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 39.94 (%).Trend:Decrease 55.16% than previous quarter

Overall: increasing (11.97%). 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 -0.11 (%).Trend:Decrease 97.84% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 8.51 (%).Trend:Decrease 7836.36% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 6.08 (%).Trend:Decrease 28.55% than previous quarter

Overall: increasing (-5627.27%). 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 -0.12 (%).Trend:Decrease 96.72% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 3.57 (%).Trend:Decrease 3075.0% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 5.35 (%).Trend:Increase 49.86% than previous quarter

Overall: increasing (-4558.33%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.34 (USD).Trend:Decrease 217.24% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.25 (USD).Trend:Decrease 26.47% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.49 (USD).Trend:Increase 96.0% than previous quarter

Overall: increasing (44.12%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, significant fluctuation is evident in key financial metrics. Liabilities on revenue decreased slightly (-20.94%), but current assets on revenue increased (11.97%), indicating an inconsistent trend in working capital efficiency. Cost efficiency, as represented by the ratio of retained earnings to revenue, showed a dramatic but erratic decrease (-5627.27%). Investment efficiency also displayed a substantial negative trend (-4558.33%). However, earnings per share trended positively (44.12%), suggesting a potentially improved profitability, although large fluctuations are present.