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 20.64 (%).Trend:Decrease 38.06% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 71.87 (%).Trend:Increase 248.21% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 36.08 (%).Trend:Decrease 49.8% than previous quarter

Overall: increasing (74.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.61 (%).Trend:Decrease 34.28% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 157.77 (%).Trend:Increase 194.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 78.25 (%).Trend:Decrease 50.4% than previous quarter

Overall: increasing (45.96%). 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 -61.25 (%).Trend:Decrease 32.8% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -200.94 (%).Trend:Increase 228.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -106.92 (%).Trend:Decrease 46.79% than previous quarter

Overall: decreasing (74.56%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.1 (%).Trend:Decrease 9.42% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.36 (%).Trend:Increase 2.57% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.57 (%).Trend:Decrease 7.63% than previous quarter

Overall: decreasing (-5.25%). 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 -41.82 (%).Trend:Increase 3.77% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -46.66 (%).Trend:Increase 11.57% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -50.1 (%).Trend:Increase 7.37% than previous quarter

Overall: decreasing (19.8%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2022 to Q2 2023 displays significant fluctuations. Working capital efficiency shows increasing liabilities and current assets on revenue but with substantial volatility.  Cost efficiency, indicated by the ratio of retained earnings to revenue, continues the downward trend, showing significant variation.  Selling, General & Administrative (SG&A) expense ratio shows a slight decrease overall, with low variation.  Investment efficiency remains a decreasing trend with high volatility.  These figures suggest a company facing substantial challenges and instability in its financial performance.