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 22.54 (%).Trend:Decrease 27.94% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 63.79 (%).Trend:Increase 183.01% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.18 (%).Trend:Decrease 47.99% than previous quarter

Overall: increasing (47.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 70.45 (%).Trend:Decrease 33.66% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 189.35 (%).Trend:Increase 168.77% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 90.45 (%).Trend:Decrease 52.23% than previous quarter

Overall: increasing (28.39%). 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 -101.08 (%).Trend:Decrease 31.55% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -312.06 (%).Trend:Increase 208.73% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -155.53 (%).Trend:Decrease 50.16% than previous quarter

Overall: decreasing (53.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -86.76 (%).Trend:Increase 4.44% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -95.43 (%).Trend:Increase 9.99% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -97.77 (%).Trend:Increase 2.45% than previous quarter

Overall: decreasing (12.69%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.23 (USD).Trend:Increase 130.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.02 (USD).Trend:Decrease 108.7% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.19 (USD).Trend:Decrease 1050.0% than previous quarter

Overall: decreasing (-17.39%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q2 2023 reveal significant volatility in working capital efficiency. Liabilities on revenue saw fluctuations, increasing sharply in Q1 2023 before decreasing in Q2 2023.  Current assets on revenue also displayed a similar pattern, rising substantially in Q1 2023, then dropping in the following quarters. Cost efficiency, measured by the ratio of retained earnings to revenue, shows a notable downward trend with significant swings.  Investment efficiency exhibited a decreasing trend, with slight variations in each quarter. Earnings per share experienced both positive and negative movements, with considerable fluctuations, suggesting instability in the company's profitability.