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 54.0 (%).Trend:Decrease 66.98% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 36.95 (%).Trend:Decrease 31.57% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 56.16 (%).Trend:Increase 51.99% than previous quarter

Overall: increasing (4.0%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 108.58 (%).Trend:Decrease 57.76% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 75.36 (%).Trend:Decrease 30.59% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 110.44 (%).Trend:Increase 46.55% than previous quarter

Overall: increasing (1.71%). 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 -1292.86 (%).Trend:Decrease 56.84% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -838.37 (%).Trend:Decrease 35.15% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1269.97 (%).Trend:Increase 51.48% than previous quarter

Overall: increasing (-1.77%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.93 (%).Trend:Decrease 12.73% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.0 (%).Trend:Increase 2.75% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43.74 (%).Trend:Increase 9.35% than previous quarter

Overall: increasing (12.36%). Fluctuation: **Little** (low variation).


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 -702.7 (%).Trend:Increase 2.92% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -684.79 (%).Trend:Decrease 2.55% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -679.93 (%).Trend:Decrease 0.71% than previous quarter

Overall: increasing (-3.24%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.14 (USD).Trend:Decrease 275.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.13 (USD).Trend:Decrease 7.14% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.08 (USD).Trend:Decrease 38.46% than previous quarter

Overall: decreasing (-42.86%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q2 2023, liabilities on revenue increased by 4%, current assets on revenue increased by 1.71%, while the ratio of retained earnings to revenue increased significantly (-1.77%), showing high variation.  SG&A expense ratio increased by 12.36% with little fluctuation. Retained earnings on assets increased slightly (-3.24%), with significant variation, and earnings per share decreased by 42.86% with significant fluctuation.