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 77.28 (%).Trend:Decrease 21.45% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 187.81 (%).Trend:Increase 143.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 100.07 (%).Trend:Decrease 46.72% than previous quarter

Overall: increasing (29.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.29 (%).Trend:Decrease 27.84% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 131.65 (%).Trend:Increase 147.04% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.43 (%).Trend:Decrease 50.3% than previous quarter

Overall: increasing (22.78%). 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 -126.08 (%).Trend:Decrease 29.4% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -386.15 (%).Trend:Increase 206.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -176.04 (%).Trend:Decrease 54.41% than previous quarter

Overall: decreasing (39.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.09 (%).Trend:Increase 2.76% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.25 (%).Trend:Decrease 7.37% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 48.91 (%).Trend:Increase 1.37% than previous quarter

Overall: decreasing (-6.1%). Fluctuation: **Little** (low 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 -39.3 (%).Trend:Increase 0.2% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -44.92 (%).Trend:Increase 14.3% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -41.18 (%).Trend:Decrease 8.33% than previous quarter

Overall: decreasing (4.78%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.42 (USD).Trend:Increase 16.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 64.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.43 (USD).Trend:Increase 186.67% than previous quarter

Overall: increasing (2.38%). Fluctuation: **Significant** (high variation).



The financial statements detail working capital efficiency with significant fluctuations in liabilities and current assets.  Cost efficiency displays a major decline in the ratio of retained earnings to revenue, though the SG&A expense ratio shows a modest decrease.  Investment efficiency, gauged by retained earnings on assets, is trending downward.  Earning per share is highly variable, demonstrating increases and decreases throughout the period.