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 69.82 (%).Trend:Decrease 43.7% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 181.03 (%).Trend:Increase 159.28% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 80.41 (%).Trend:Decrease 55.58% than previous quarter

Overall: increasing (15.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 459.2 (%).Trend:Decrease 40.9% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 969.1 (%).Trend:Increase 111.04% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 452.64 (%).Trend:Decrease 53.29% than previous quarter

Overall: decreasing (-1.43%). 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 -681.51 (%).Trend:Decrease 24.69% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2062.93 (%).Trend:Increase 202.7% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1161.52 (%).Trend:Decrease 43.7% than previous quarter

Overall: decreasing (70.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 95.48 (%).Trend:Increase 1.9% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 74.75 (%).Trend:Decrease 21.71% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 73.77 (%).Trend:Decrease 1.31% than previous quarter

Overall: decreasing (-22.74%). Fluctuation: **Neutral** (moderate 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 -103.61 (%).Trend:Increase 22.47% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -142.95 (%).Trend:Increase 37.97% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -165.85 (%).Trend:Increase 16.02% than previous quarter

Overall: decreasing (60.07%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.81 (USD).Trend:Increase 47.15% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.61 (USD).Trend:Decrease 66.3% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.11 (USD).Trend:Increase 81.97% than previous quarter

Overall: increasing (-38.67%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 reveal considerable volatility in key metrics. Liabilities on revenue show an increase overall, despite substantial fluctuations.  Current assets on revenue exhibit a slight overall decrease, but with considerable fluctuations. Cost efficiency, indicated by the ratio of retained earnings to revenue, demonstrates a substantial overall decrease with significant quarter-to-quarter variation. The selling, general, and administrative (SG&A) expense ratio shows an overall decrease with moderate fluctuation. Investment efficiency, as reflected by retained earnings on assets, displays a significant overall decrease but with extreme quarter-to-quarter variability. Earnings per share also show substantial fluctuation and an overall pattern of increase.