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 46.57 (%).Trend:Decrease 49.89% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.37 (%).Trend:Decrease 32.64% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 95.97 (%).Trend:Increase 205.93% than previous quarter

Overall: increasing (106.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 75.67 (%).Trend:Decrease 50.02% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 50.92 (%).Trend:Decrease 32.71% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 146.47 (%).Trend:Increase 187.65% than previous quarter

Overall: increasing (93.56%). 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 -6.86 (%).Trend:Decrease 60.44% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -3.83 (%).Trend:Decrease 44.17% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -8.55 (%).Trend:Increase 123.24% than previous quarter

Overall: decreasing (24.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.33 (%).Trend:Decrease 6.57% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.44 (%).Trend:Decrease 3.66% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.81 (%).Trend:Decrease 6.95% than previous quarter

Overall: decreasing (-10.36%). 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 -2.66 (%).Trend:Decrease 15.02% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -2.34 (%).Trend:Decrease 12.03% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -1.78 (%).Trend:Decrease 23.93% than previous quarter

Overall: increasing (-33.08%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.01 (USD).Trend:Decrease 112.5% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.06 (USD).Trend:Increase 500.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.05 (USD).Trend:Decrease 16.67% than previous quarter

Overall: increasing (400.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 demonstrate significant fluctuations. Liabilities and current assets on revenue show overall increases but with considerable quarter-to-quarter volatility.  Cost efficiency (SG&A expense ratio) shows a generally stable downward trend. The ratio of retained earnings to revenue and retained earnings on assets exhibit a significant, inconsistent trend. Earnings per share also show a mixture of growth and decline, with a notable variance between quarters.