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 20.07 (%).Trend:Decrease 40.14% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 55.64 (%).Trend:Increase 177.23% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.29 (%).Trend:Decrease 45.56% than previous quarter

Overall: increasing (50.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 7.75 (%).Trend:Decrease 43.84% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 35.48 (%).Trend:Increase 357.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 21.4 (%).Trend:Decrease 39.68% than previous quarter

Overall: increasing (176.13%). 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 -102.94 (%).Trend:Decrease 37.12% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -287.68 (%).Trend:Increase 179.46% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -138.03 (%).Trend:Decrease 52.02% than previous quarter

Overall: decreasing (34.09%). 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 -141.41 (%).Trend:Decrease 0.87% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -135.61 (%).Trend:Decrease 4.1% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -131.59 (%).Trend:Decrease 2.96% than previous quarter

Overall: increasing (-6.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.06 (USD).Trend:Decrease 123.08% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 183.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.03 (USD).Trend:Decrease 160.0% than previous quarter

Overall: decreasing (-50.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 shows significant fluctuation in working capital efficiency metrics. Liabilities on revenue increased overall (50.92%), but exhibited significant volatility, increasing in Q1 2023 by 177.23% and decreasing in Q2 2023 by 45.56%.  Current assets on revenue also showed substantial growth (176.13%) and high variation, rising sharply in Q1 2023 before declining in Q2 2023.  Cost efficiency, measured by the ratio of retained earnings to revenue, decreased by 34.09% overall, but with significant fluctuations. Investment efficiency, based on retained earnings on assets, trended upward (though still negative), albeit with considerable quarter-to-quarter variability.  Earnings per share decreased by 50% overall, exhibiting significant volatility.