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 43.51 (%).Trend:Decrease 34.36% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 117.64 (%).Trend:Increase 170.37% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 58.82 (%).Trend:Decrease 50.0% than previous quarter

Overall: increasing (35.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 100.29 (%).Trend:Decrease 35.51% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 276.35 (%).Trend:Increase 175.55% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 138.35 (%).Trend:Decrease 49.94% than previous quarter

Overall: increasing (37.95%). 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 -41.71 (%).Trend:Decrease 36.94% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -100.05 (%).Trend:Increase 139.87% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -45.08 (%).Trend:Decrease 54.94% than previous quarter

Overall: decreasing (8.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.28 (%).Trend:Increase 5.16% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.53 (%).Trend:Decrease 4.91% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.83 (%).Trend:Decrease 4.82% than previous quarter

Overall: decreasing (-9.49%). Fluctuation: **Little** (low 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 -22.07 (%).Trend:Decrease 1.16% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -19.29 (%).Trend:Decrease 12.6% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -17.5 (%).Trend:Decrease 9.28% than previous quarter

Overall: increasing (-20.71%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.13 (USD).Trend:Increase 160.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.32 (USD).Trend:Increase 146.15% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.72 (USD).Trend:Increase 125.0% than previous quarter

Overall: increasing (453.85%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 reveal large fluctuations in key financial metrics.  Working capital efficiency, as measured by liabilities and current assets on revenue, shows significant increases and decreases. Cost efficiency, particularly the ratio of retained earnings to revenue, exhibits a clear downward trend with substantial quarter-to-quarter variability.  SG&A expense ratios remain relatively stable.  Investment efficiency shows a slight increase but notable volatility, while earnings per share show substantial increases and fluctuations.