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 44.02 (%).Trend:Decrease 8.23% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 713.21 (%).Trend:Increase 1520.2% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 149.4 (%).Trend:Decrease 79.05% than previous quarter

Overall: increasing (239.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 197.67 (%).Trend:Decrease 30.2% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 2500.75 (%).Trend:Increase 1165.11% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 619.01 (%).Trend:Decrease 75.25% than previous quarter

Overall: increasing (213.15%). 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 -551.09 (%).Trend:Decrease 27.2% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -4557.84 (%).Trend:Increase 727.06% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1406.14 (%).Trend:Decrease 69.15% than previous quarter

Overall: decreasing (155.16%). 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 -57.9 (%).Trend:Decrease 2.97% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -47.7 (%).Trend:Decrease 17.62% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -48.55 (%).Trend:Increase 1.78% than previous quarter

Overall: increasing (-16.15%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.17 (USD).Trend:Increase 30.77% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 94.12% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.01 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-94.12%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased dramatically in Q1 2023, then decreased substantially in Q2 and Q3 2023.  Similarly, current assets on revenue experienced extreme swings, increasing significantly in Q1 2023 before decreasing sharply in the following quarters. Cost efficiency also shows a significant decrease in the ratio of retained earnings to revenue across the three quarters.  Invest efficiency shows a slight overall increase in retained earnings on assets, but with substantial quarterly variations. Earnings per share have decreased dramatically overall, with a large increase in Q3 2023.  The data indicates significant instability in financial performance.