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 28.74 (%).Trend:Decrease 51.74% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 19.04 (%).Trend:Decrease 33.75% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 62.06 (%).Trend:Increase 225.95% than previous quarter

Overall: increasing (115.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 66.95 (%).Trend:Decrease 62.07% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 48.19 (%).Trend:Decrease 28.02% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 194.3 (%).Trend:Increase 303.2% than previous quarter

Overall: increasing (190.22%). 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 32.35 (%).Trend:Decrease 60.22% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 24.05 (%).Trend:Decrease 25.66% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 62.4 (%).Trend:Increase 159.46% than previous quarter

Overall: increasing (92.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.78 (%).Trend:Decrease 9.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.21 (%).Trend:Increase 13.27% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.95 (%).Trend:Decrease 2.13% than previous quarter

Overall: increasing (10.85%). 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 15.32 (%).Trend:Decrease 3.77% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 15.17 (%).Trend:Decrease 0.98% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 12.46 (%).Trend:Decrease 17.86% than previous quarter

Overall: decreasing (-18.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.29 (USD).Trend:Decrease 514.29% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.52 (USD).Trend:Increase 79.31% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 98.08% than previous quarter

Overall: increasing (-96.55%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant volatility in Q2 2022 to Q1 2023. Liabilities on revenue, after a large decrease, saw a substantial increase in Q1 2023, while current assets on revenue exhibited a similar pattern of decrease then substantial increase in Q1 2023. Cost efficiency reveals a fluctuating trend in the ratio of retained earnings to revenue. SG&A expense ratio shows a slight increase, with little fluctuation.  Invest efficiency shows a consistent decrease in retained earnings on assets, with little variation. Earning per share experiences significant fluctuation, with negative values across all periods.