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 25.54 (%).Trend:Decrease 24.55% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 74.44 (%).Trend:Increase 191.46% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.55 (%).Trend:Decrease 48.21% than previous quarter

Overall: increasing (50.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 183.65 (%).Trend:Decrease 49.79% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 339.81 (%).Trend:Increase 85.03% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 120.59 (%).Trend:Decrease 64.51% than previous quarter

Overall: decreasing (-34.34%). 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 -12.89 (%).Trend:Decrease 84.21% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -36.44 (%).Trend:Increase 182.7% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -11.81 (%).Trend:Decrease 67.59% than previous quarter

Overall: increasing (-8.38%). 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 -3.02 (%).Trend:Decrease 75.25% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -2.89 (%).Trend:Decrease 4.3% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -2.22 (%).Trend:Decrease 23.18% than previous quarter

Overall: increasing (-26.49%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.07 (USD).Trend:Increase 1970.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.02 (USD).Trend:Decrease 99.03% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.22 (USD).Trend:Increase 1000.0% than previous quarter

Overall: decreasing (-89.37%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2022 to Q2 2023 reveals significant volatility. Liabilities on revenue increased by 50.94% despite fluctuating greatly throughout the period.  Current assets on revenue showed a substantial decrease (-34.34%), also demonstrating high volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a slight overall increase (-8.38%), although it also fluctuated significantly.  Investment efficiency displayed a slight increase (-26.49%), along with significant quarter-to-quarter variations. Earnings per share fell overall (-89.37%), but with significant volatility. The mixed trends suggest a dynamic and potentially uncertain financial situation.