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 97.32 (%).Trend:Decrease 34.64% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 269.51 (%).Trend:Increase 176.93% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 139.31 (%).Trend:Decrease 48.31% than previous quarter

Overall: increasing (43.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 87.76 (%).Trend:Decrease 33.7% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 248.19 (%).Trend:Increase 182.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 140.51 (%).Trend:Decrease 43.39% than previous quarter

Overall: increasing (60.11%). 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 -169.67 (%).Trend:Decrease 32.84% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -484.05 (%).Trend:Increase 185.29% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -255.21 (%).Trend:Decrease 47.28% than previous quarter

Overall: decreasing (50.42%). 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 -65.56 (%).Trend:Increase 2.69% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -66.69 (%).Trend:Increase 1.72% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -70.33 (%).Trend:Increase 5.46% than previous quarter

Overall: decreasing (7.28%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.95 (USD).Trend:Increase 33.56% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.43 (USD).Trend:Decrease 77.95% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.54 (USD).Trend:Increase 258.14% than previous quarter

Overall: increasing (-21.03%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities on revenue and current assets on revenue increased overall, despite notable quarter-to-quarter swings. The ratio of retained earnings to revenue significantly decreased, while retained earnings on assets also decreased.  Earnings per share fluctuated significantly, ultimately increasing.