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 69.12 (%).Trend:Decrease 35.71% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 35.85 (%).Trend:Decrease 48.13% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 94.66 (%).Trend:Increase 164.04% than previous quarter

Overall: increasing (36.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 778.85 (%).Trend:Decrease 46.93% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 485.31 (%).Trend:Decrease 37.69% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1321.24 (%).Trend:Increase 172.25% than previous quarter

Overall: increasing (69.64%). 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
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -656.93 (%).Trend:Decrease 40.01% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -481.29 (%).Trend:Decrease 26.74% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -1434.72 (%).Trend:Increase 198.1% than previous quarter

Overall: decreasing (118.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 99.44 (%).Trend:Increase 14.29% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 91.25 (%).Trend:Decrease 8.24% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 73.39 (%).Trend:Decrease 19.57% than previous quarter

Overall: decreasing (-26.2%). Fluctuation: **Neutral** (moderate variation).


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

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets -71.33 (%).Trend:Increase 11.23% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -85.87 (%).Trend:Increase 20.38% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -95.54 (%).Trend:Increase 11.26% than previous quarter

Overall: decreasing (33.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -1.17 (USD).Trend:Increase 138.78% than previous quarter
Year 2022 Quarter 3: Earning Per Share -2.0 (USD).Trend:Increase 70.94% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.16 (USD).Trend:Decrease 92.0% than previous quarter

Overall: increasing (-86.32%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, Liabilities on Revenue and Current Assets on Revenue increased significantly with high fluctuation. The Ratio of Retained Earnings to Revenue decreased significantly. The SG&A Expense Ratio decreased moderately. Retained Earning on Assets decreased significantly, and Earnings Per Share showed a large increase.