Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 1 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 37.64 (%).Trend:Decrease 60.17% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.1 (%).Trend:Decrease 17.38% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 101.85 (%).Trend:Increase 227.49% than previous quarter

Overall: increasing (170.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 44.7 (%).Trend:Decrease 57.81% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 35.01 (%).Trend:Decrease 21.68% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 120.51 (%).Trend:Increase 244.22% than previous quarter

Overall: increasing (169.6%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 1 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 2 in 2022 to Quater 1 in 2023 includes 3 quarters.

Retained Earning on Assets
Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.06 (USD).Trend:Decrease 70.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.18 (USD).Trend:Increase 200.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.21 (USD).Trend:Increase 16.67% than previous quarter

Overall: decreasing (250.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2022 to Q1 2023 show significant fluctuation in working capital efficiency. Liabilities on revenue increased drastically in Q1 2023, after a period of decline. Current assets on revenue also experienced a similar, but not identical, trend, increasing sharply in Q1 2023. Meanwhile, earnings per share continued a net decreasing trend, but with considerable variation quarter-to-quarter. This volatility suggests operational instability and requires further investigation into the root causes.