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 36.37 (%).Trend:Decrease 37.96% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 153.61 (%).Trend:Increase 322.35% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 72.94 (%).Trend:Decrease 52.52% than previous quarter

Overall: increasing (100.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 140.63 (%).Trend:Decrease 25.64% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 750.92 (%).Trend:Increase 433.97% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 332.39 (%).Trend:Decrease 55.74% than previous quarter

Overall: increasing (136.36%). 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 -388.11 (%).Trend:Decrease 39.97% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -1483.41 (%).Trend:Increase 282.21% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -814.21 (%).Trend:Decrease 45.11% than previous quarter

Overall: decreasing (109.79%). 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 -153.67 (%).Trend:Decrease 16.17% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -101.89 (%).Trend:Decrease 33.7% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -110.91 (%).Trend:Increase 8.85% than previous quarter

Overall: increasing (-27.83%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.73 (USD).Trend:Increase 64.32% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.64 (USD).Trend:Decrease 82.84% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.1 (USD).Trend:Increase 71.88% than previous quarter

Overall: decreasing (-70.51%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2022 to Q2 2023 reveals highly variable trends. Liabilities on revenue decreased in Q3 2022, sharply increased in Q1 2023, and then decreased again in Q2 2023. Current assets on revenue show a similar pattern, with substantial increases and decreases.  Cost efficiency, measured by the ratio of retained earnings to revenue, saw a decrease in Q3 2022, a substantial increase in Q1 2023, and a further decrease in Q2 2023.  Investment efficiency, measured by retained earnings on assets, showed fluctuating but overall increasing values. Earnings per share increased in Q3 2022, then decreased significantly in Q1 2023, before increasing again in Q2 2023.