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 26.54 (%).Trend:Decrease 32.66% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 73.35 (%).Trend:Increase 176.38% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 35.86 (%).Trend:Decrease 51.11% than previous quarter

Overall: increasing (35.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 129.98 (%).Trend:Decrease 26.71% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 366.42 (%).Trend:Increase 181.9% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 190.62 (%).Trend:Decrease 47.98% than previous quarter

Overall: increasing (46.65%). 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 -54.24 (%).Trend:Decrease 29.48% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -160.38 (%).Trend:Increase 195.69% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -84.31 (%).Trend:Decrease 47.43% than previous quarter

Overall: decreasing (55.44%). 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 -25.64 (%).Trend:Increase 5.47% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -27.24 (%).Trend:Increase 6.24% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -26.52 (%).Trend:Decrease 2.64% than previous quarter

Overall: decreasing (3.43%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.16 (USD).Trend:Increase 39.76% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.38 (USD).Trend:Decrease 67.24% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.69 (USD).Trend:Increase 81.58% than previous quarter

Overall: increasing (-40.52%). Fluctuation: **Significant** (high variation).



The data from Q3 2022 to Q2 2023 indicates significant volatility.  Liabilities on revenue increased by 35.12%, while current assets on revenue increased by 46.65%.  However, the ratio of retained earnings to revenue decreased significantly (-55.44%), and retained earnings on assets also decreased (-3.43%). Earnings per share showed a decrease in the negative value (-40.52%).  High variation is present across all metrics.