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 68.08 (%).Trend:Decrease 27.57% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 304.23 (%).Trend:Increase 346.87% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 114.27 (%).Trend:Decrease 62.44% than previous quarter

Overall: increasing (67.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 103.51 (%).Trend:Decrease 33.1% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 183.52 (%).Trend:Increase 77.3% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.03 (%).Trend:Decrease 59.66% than previous quarter

Overall: decreasing (-28.48%). 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 -108.32 (%).Trend:Decrease 36.15% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -272.03 (%).Trend:Increase 151.14% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -129.08 (%).Trend:Decrease 52.55% than previous quarter

Overall: decreasing (19.17%). 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 -30.51 (%).Trend:Decrease 4.3% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -23.89 (%).Trend:Decrease 21.7% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -23.83 (%).Trend:Decrease 0.25% than previous quarter

Overall: increasing (-21.89%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.3 (USD).Trend:Increase 195.45% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.58 (USD).Trend:Decrease 55.38% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.22 (USD).Trend:Increase 110.34% than previous quarter

Overall: decreasing (-6.15%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show considerable volatility.  Liability-to-revenue ratios fluctuate significantly, declining in Q3 2022 and Q2 2023 but sharply increasing in Q1 2023. Current assets to revenue ratios also show a downward trend.  Retained earnings to revenue ratios continually decrease. Investment efficiency, gauged by retained earnings on assets, displays an overall increasing trend, despite volatility.  Earnings per share exhibit substantial quarter-to-quarter variance, with an overall upward trend.  The data's significant volatility requires further analysis.