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 39.25 (%).Trend:Decrease 31.3% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 141.01 (%).Trend:Increase 259.26% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.45 (%).Trend:Decrease 61.39% than previous quarter

Overall: increasing (38.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 39.57 (%).Trend:Decrease 25.11% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 179.2 (%).Trend:Increase 352.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 61.52 (%).Trend:Decrease 65.67% than previous quarter

Overall: increasing (55.47%). 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 -0.94 (%).Trend:Decrease 20.34% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 0.05 (%).Trend:Decrease 105.32% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 0.81 (%).Trend:Increase 1520.0% than previous quarter

Overall: increasing (-186.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.08 (%).Trend:Increase 0.31% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45.12 (%).Trend:Increase 0.09% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 44.07 (%).Trend:Decrease 2.33% than previous quarter

Overall: decreasing (-2.24%). 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 -0.53 (%).Trend:Increase 12.77% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 0.01 (%).Trend:Decrease 101.89% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 0.32 (%).Trend:Increase 3100.0% than previous quarter

Overall: increasing (-160.38%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.36 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 91.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.07 (USD).Trend:Increase 133.33% than previous quarter

Overall: decreasing (-80.56%). Fluctuation: **Significant** (high variation).



The financial statements indicate significant volatility across working capital, cost, and investment efficiency metrics.  Working capital efficiency shows substantial fluctuations in both liabilities and current assets relative to revenue, suggesting potential instability.  Cost efficiency displays a relatively consistent SG&A expense ratio, but extreme swings in retained earnings ratios and earnings per share (EPS).  Investment efficiency exhibits similarly large fluctuations in retained earnings on assets, indicating unstable performance.  The financial health appears unstable with significant short-term variations, requiring further analysis.