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 61.04 (%).Trend:Decrease 54.93% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.23 (%).Trend:Decrease 48.84% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 93.3 (%).Trend:Increase 198.75% than previous quarter

Overall: increasing (52.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 53.56 (%).Trend:Decrease 50.59% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 31.54 (%).Trend:Decrease 41.11% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 115.64 (%).Trend:Increase 266.65% than previous quarter

Overall: increasing (115.91%). 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 -15.97 (%).Trend:Decrease 69.24% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -5.18 (%).Trend:Decrease 67.56% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 2.21 (%).Trend:Decrease 142.66% than previous quarter

Overall: increasing (-113.84%). 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 -17.01 (%).Trend:Decrease 29.15% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -9.19 (%).Trend:Decrease 45.97% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 1.12 (%).Trend:Decrease 112.19% than previous quarter

Overall: increasing (-106.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.2 (USD).Trend:Decrease 108.66% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.7 (USD).Trend:Increase 2250.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.96 (USD).Trend:Decrease 15.74% than previous quarter

Overall: increasing (1880.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency for Q2 2022 to Q1 2023 shows considerable volatility. Liabilities on revenue increased sharply in Q1 2023 after a period of decline, while current assets on revenue also displayed significant increases and decreases. Cost efficiency, reflected in the ratio of retained earnings to revenue, shows an overall trend of increasing negative values, with extreme variation across quarters. Investment efficiency, as measured by retained earnings on assets, also saw substantial fluctuations, and earnings per share showed a trend of growth, with large increases in Q3 2022 followed by subsequent fluctuations. The data highlight substantial variability across financial metrics, posing potential risks.