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 3585.94 (%).Trend:Decrease 16.56% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 4869.09 (%).Trend:Increase 35.78% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 1456.33 (%).Trend:Decrease 70.09% than previous quarter

Overall: decreasing (-59.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 4539.84 (%).Trend:Decrease 6.09% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 14744.69 (%).Trend:Increase 224.78% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 3106.21 (%).Trend:Decrease 78.93% than previous quarter

Overall: decreasing (-31.58%). 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 -113752.12 (%).Trend:Increase 0.01% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -166736.67 (%).Trend:Increase 46.58% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -43576.74 (%).Trend:Decrease 73.86% than previous quarter

Overall: increasing (-61.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3005.12 (%).Trend:Increase 42.99% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1568.84 (%).Trend:Decrease 47.79% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 838.13 (%).Trend:Decrease 46.58% than previous quarter

Overall: decreasing (-72.11%). 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 -772.93 (%).Trend:Increase 12.52% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -573.09 (%).Trend:Decrease 25.85% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -608.99 (%).Trend:Increase 6.26% than previous quarter

Overall: increasing (-21.21%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial review covers Q3 2022 – Q2 2023. Key findings show substantial decreases in liabilities on revenue (-59.39%) and current assets on revenue (-31.58%).  The ratio of retained earnings to revenue decreased (-61.69%), alongside a sharp decline in the SG&A expense ratio (-72.11%). Retained earnings on assets experienced an overall increase (-21.21%).  High fluctuation across metrics warrants careful examination for anomalies.