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 86.6 (%).Trend:Decrease 42.2% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 57.23 (%).Trend:Decrease 33.91% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 197.64 (%).Trend:Increase 245.34% than previous quarter

Overall: increasing (128.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 147.2 (%).Trend:Decrease 50.56% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 94.59 (%).Trend:Decrease 35.74% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 289.61 (%).Trend:Increase 206.17% than previous quarter

Overall: increasing (96.75%). 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 25.54 (%).Trend:Decrease 48.27% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -19.69 (%).Trend:Decrease 177.09% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -334.18 (%).Trend:Increase 1597.21% than previous quarter

Overall: decreasing (-1408.46%). Fluctuation: **Significant** (high variation).

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
Year 2022 Quarter 2: Retained Earning on Assets 2.71 (%).Trend:Decrease 1.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -3.37 (%).Trend:Decrease 224.35% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -20.73 (%).Trend:Increase 515.13% than previous quarter

Overall: decreasing (-864.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.48 (USD).Trend:Decrease 2.04% than previous quarter
Year 2022 Quarter 3: Earning Per Share -2.06 (USD).Trend:Decrease 529.17% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 97.57% than previous quarter

Overall: decreasing (-110.42%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2022 to Q1 2023 reveals significant fluctuations. Liabilities and current assets on revenue increased overall, yet demonstrated substantial quarter-to-quarter volatility. Conversely, the ratio of retained earnings to revenue and retained earnings on assets declined sharply, accompanied by a significant drop in earnings per share. This suggests considerable financial instability.