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 34.17 (%).Trend:Decrease 32.62% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 744.46 (%).Trend:Increase 2078.69% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 139.06 (%).Trend:Decrease 81.32% than previous quarter

Overall: increasing (306.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 142.39 (%).Trend:Decrease 28.33% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 747.89 (%).Trend:Increase 425.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 156.01 (%).Trend:Decrease 79.14% than previous quarter

Overall: increasing (9.57%). 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 104.65 (%).Trend:Decrease 36.38% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 337.42 (%).Trend:Increase 222.43% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 58.11 (%).Trend:Decrease 82.78% than previous quarter

Overall: decreasing (-44.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.33 (%).Trend:Increase 3.06% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 61.54 (%).Trend:Increase 96.43% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.5 (%).Trend:Decrease 37.44% than previous quarter

Overall: increasing (22.89%). Fluctuation: **Significant** (high 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 28.26 (%).Trend:Decrease 13.89% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 18.68 (%).Trend:Decrease 33.9% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 13.3 (%).Trend:Decrease 28.8% than previous quarter

Overall: decreasing (-52.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -2.71 (USD).Trend:Increase 127.73% than previous quarter
Year 2023 Quarter 1: Earning Per Share -3.65 (USD).Trend:Increase 34.69% than previous quarter
Year 2023 Quarter 2: Earning Per Share -8.8 (USD).Trend:Increase 141.1% than previous quarter

Overall: decreasing (224.72%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2022 to Q2 2023 financial data reveals significant fluctuations across key metrics.  Liabilities on revenue increased overall but showed substantial quarter-to-quarter variation. Similarly, current assets on revenue increased slightly overall but experienced significant fluctuations.  Ratio of retained earnings to revenue decreased significantly,  with high variability. SG&A expense ratio increased overall, exhibiting high fluctuation. Retained earnings on assets and earnings per share both declined significantly, displaying substantial volatility.