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 56.12 (%).Trend:Decrease 47.21% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 37.17 (%).Trend:Decrease 33.77% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 97.15 (%).Trend:Increase 161.37% than previous quarter

Overall: increasing (73.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 80.89 (%).Trend:Decrease 53.22% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 52.09 (%).Trend:Decrease 35.6% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 153.51 (%).Trend:Increase 194.7% than previous quarter

Overall: increasing (89.78%). 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 -0.74 (%).Trend:Decrease 78.61% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 0.49 (%).Trend:Decrease 166.22% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 5.83 (%).Trend:Increase 1089.8% than previous quarter

Overall: increasing (-887.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.67 (%).Trend:Increase 0.87% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.82 (%).Trend:Decrease 4.32% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.98 (%).Trend:Decrease 9.78% than previous quarter

Overall: decreasing (-13.68%). Fluctuation: **Little** (low 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 -0.35 (%).Trend:Decrease 59.3% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 0.37 (%).Trend:Decrease 205.71% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 1.61 (%).Trend:Increase 335.14% than previous quarter

Overall: increasing (-560.0%). Fluctuation: **Significant** (high variation).

Earning Per Share


Between Q2 2022 and Q1 2023, liabilities on revenue and current assets on revenue significantly increased (73.11% and 89.78% respectively), showing high variation.  The ratio of retained earnings to revenue also increased dramatically (-887.84%), exhibiting significant fluctuation.  The SG&A expense ratio decreased (-13.68%) with low variation. Retained earnings on assets increased significantly (-560.0%) with high variation.