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 79.95 (%).Trend:Decrease 40.98% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 239.33 (%).Trend:Increase 199.35% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 110.12 (%).Trend:Decrease 53.99% than previous quarter

Overall: increasing (37.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 433.77 (%).Trend:Decrease 18.62% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1331.67 (%).Trend:Increase 207.0% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 550.76 (%).Trend:Decrease 58.64% than previous quarter

Overall: increasing (26.97%). 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 -675.55 (%).Trend:Decrease 33.33% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2594.58 (%).Trend:Increase 284.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1183.5 (%).Trend:Decrease 54.39% than previous quarter

Overall: decreasing (75.19%). 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 -99.41 (%).Trend:Decrease 3.81% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -123.41 (%).Trend:Increase 24.14% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -134.01 (%).Trend:Increase 8.59% than previous quarter

Overall: decreasing (34.81%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.12 (USD).Trend:Increase 38.27% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.4 (USD).Trend:Decrease 64.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.73 (USD).Trend:Increase 82.5% than previous quarter

Overall: increasing (-34.82%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2022 - Q2 2023 reveals substantial volatility.  Liabilities on revenue increased 37.74%, and current assets on revenue rose 26.97%, both demonstrating significant fluctuations.  Conversely, the ratio of retained earnings to revenue decreased by 75.19% and retained earnings on assets fell by 34.81%, also with high variability.  Earnings per share showed an overall increase of -34.82%, suggesting continued losses.