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 28.18 (%).Trend:Decrease 53.72% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 50.88 (%).Trend:Increase 80.55% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 27.68 (%).Trend:Decrease 45.6% than previous quarter

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

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 38.9 (%).Trend:Decrease 50.75% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 75.28 (%).Trend:Increase 93.52% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 34.73 (%).Trend:Decrease 53.87% than previous quarter

Overall: decreasing (-10.72%). Fluctuation: **Significant** (high 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 -65.85 (%).Trend:Decrease 52.38% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -141.38 (%).Trend:Increase 114.7% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -71.1 (%).Trend:Decrease 49.71% than previous quarter

Overall: decreasing (7.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.56 (%).Trend:Decrease 3.9% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.71 (%).Trend:Increase 1.19% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.54 (%).Trend:Decrease 1.34% than previous quarter

Overall: decreasing (-0.16%). 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 -53.62 (%).Trend:Decrease 0.91% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -59.17 (%).Trend:Increase 10.35% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -61.93 (%).Trend:Increase 4.66% than previous quarter

Overall: decreasing (15.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.05 (USD).Trend:Decrease 54.55% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.1 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.15 (USD).Trend:Increase 50.0% than previous quarter

Overall: decreasing (200.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q2 2023 show fluctuating working capital efficiency.  Liabilities on revenue decreased slightly overall with significant fluctuation. Current assets on revenue also decreased overall with considerable volatility. Cost efficiency, as measured by retained earnings to revenue, exhibited a slight decrease. SG&A expenses trended downward with little variation. Investment efficiency decreased significantly with large variations, while earnings per share dropped substantially.