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 18.87 (%).Trend:Decrease 23.35% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 101.52 (%).Trend:Increase 438.0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.8 (%).Trend:Decrease 51.93% than previous quarter

Overall: increasing (158.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 28.15 (%).Trend:Decrease 26.27% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 134.89 (%).Trend:Increase 379.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 63.07 (%).Trend:Decrease 53.24% than previous quarter

Overall: increasing (124.05%). 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 -5.95 (%).Trend:Decrease 34.18% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -113.35 (%).Trend:Increase 1805.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -56.63 (%).Trend:Decrease 50.04% than previous quarter

Overall: decreasing (851.76%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.59 (%).Trend:Increase 4.91% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.15 (%).Trend:Increase 35.29% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.02 (%).Trend:Increase 3.46% than previous quarter

Overall: increasing (39.97%). Fluctuation: **Neutral** (moderate 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 -6.74 (%).Trend:Decrease 5.73% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -37.82 (%).Trend:Increase 461.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -39.17 (%).Trend:Increase 3.57% than previous quarter

Overall: decreasing (481.16%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant upward trends in Q3 2022 to Q2 2023, with liabilities on revenue increasing from 18.87% to 101.52%, then decreasing to 48.8%. Current assets on revenue show a similar pattern, increasing from 28.15% to 134.89% before decreasing to 63.07%.  Cost efficiency displays significant volatility, with a substantial decrease in the ratio of retained earnings to revenue.  SG&A expense ratio is increasing steadily over the period, with a "Neutral" fluctuation.  Investment efficiency shows a significant overall decrease in retained earnings on assets.