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 17.44 (%).Trend:Decrease 45.64% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 109.36 (%).Trend:Increase 527.06% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.09 (%).Trend:Decrease 64.26% than previous quarter

Overall: increasing (124.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 41.51 (%).Trend:Decrease 44.2% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 177.13 (%).Trend:Increase 326.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 70.18 (%).Trend:Decrease 60.38% than previous quarter

Overall: increasing (69.07%). 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 -11.8 (%).Trend:Decrease 11.74% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -85.8 (%).Trend:Increase 627.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -41.16 (%).Trend:Decrease 52.03% than previous quarter

Overall: decreasing (248.81%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.54 (%).Trend:Decrease 0.41% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.11 (%).Trend:Decrease 7.32% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.58 (%).Trend:Decrease 8.45% than previous quarter

Overall: decreasing (-15.15%). 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 -13.2 (%).Trend:Increase 40.43% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -25.86 (%).Trend:Increase 95.91% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -29.23 (%).Trend:Increase 13.03% than previous quarter

Overall: decreasing (121.44%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -7.88 (USD).Trend:Increase 51.54% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.51 (USD).Trend:Decrease 80.84% than previous quarter
Year 2023 Quarter 2: Earning Per Share -2.05 (USD).Trend:Increase 35.76% than previous quarter

Overall: increasing (-73.98%). Fluctuation: **Significant** (high variation).



The period from Q3 2022 to Q2 2023 shows considerable volatility. Liabilities and current assets on revenue increased, indicating potential growth, but also high variability.  The ratio of retained earnings to revenue experienced a sharp decrease, suggesting profitability issues. Conversely, SG&A expenses decreased consistently. Retained earnings on assets also decreased significantly, along with a significant increase in the earnings per share.