Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 31.79 (%).Trend:Decrease 42.84% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 18.53 (%).Trend:Decrease 41.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.86 (%).Trend:Increase 82.73% than previous quarter

Overall: increasing (6.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 56.81 (%).Trend:Decrease 47.35% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 37.24 (%).Trend:Decrease 34.45% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 55.86 (%).Trend:Increase 50.0% than previous quarter

Overall: decreasing (-1.67%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -135.48 (%).Trend:Decrease 38.74% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -90.72 (%).Trend:Decrease 33.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -217.06 (%).Trend:Increase 139.26% than previous quarter

Overall: decreasing (60.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets -97.99 (%).Trend:Increase 52.61% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -99.13 (%).Trend:Increase 1.16% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -223.1 (%).Trend:Increase 125.06% than previous quarter

Overall: decreasing (127.68%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.73 (USD).Trend:Increase 3550.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.69 (USD).Trend:Decrease 5.48% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.34 (USD).Trend:Decrease 50.72% than previous quarter

Overall: increasing (-53.42%). Fluctuation: **Significant** (high variation).



The three-quarter analysis (Q2 2022-Q2 2023) shows significant volatility. Liabilities on revenue increased 6.51%, while current assets decreased slightly (-1.67%).  Retained earnings to revenue significantly decreased (-60.22%), similarly, retained earnings on assets showed a substantial decrease (-127.68%). Earnings per share increased by -53.42%, also indicating volatility.  Data suggests instability requiring further investigation.