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 37.6 (%).Trend:Decrease 39.29% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 120.48 (%).Trend:Increase 220.43% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 65.28 (%).Trend:Decrease 45.82% than previous quarter

Overall: increasing (73.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 54.49 (%).Trend:Decrease 32.79% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 168.31 (%).Trend:Increase 208.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 84.23 (%).Trend:Decrease 49.96% than previous quarter

Overall: increasing (54.58%). 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 -9.28 (%).Trend:Decrease 44.6% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -13.28 (%).Trend:Increase 43.1% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -2.7 (%).Trend:Decrease 79.67% than previous quarter

Overall: increasing (-70.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.56 (%).Trend:Increase 0.2% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.85 (%).Trend:Increase 0.82% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.78 (%).Trend:Increase 2.59% than previous quarter

Overall: increasing (3.43%). 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 -2.74 (%).Trend:Decrease 15.95% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -1.37 (%).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -0.56 (%).Trend:Decrease 59.12% than previous quarter

Overall: increasing (-79.56%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q3 2022 to Q2 2023 reveals significant fluctuations. Liabilities on Revenue increased overall (73.62%), and Current assets on Revenue also increased (54.58%), both demonstrating high variability. The Ratio of Retained Earnings to Revenue showed an overall increase (-70.91%) with significant fluctuation.  The SG&A Expense Ratio increased slightly (3.43%) with little fluctuation.  Retained Earning on Assets increased (-79.56%) with significant fluctuation.