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 91.73 (%).Trend:Decrease 57.49% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 63.22 (%).Trend:Decrease 31.08% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 194.97 (%).Trend:Increase 208.4% than previous quarter

Overall: increasing (112.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 158.31 (%).Trend:Decrease 54.08% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 109.8 (%).Trend:Decrease 30.64% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 353.36 (%).Trend:Increase 221.82% than previous quarter

Overall: increasing (123.21%). 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 -9.51 (%).Trend:Decrease 47.83% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 6.29 (%).Trend:Decrease 166.14% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -11.8 (%).Trend:Decrease 287.6% than previous quarter

Overall: decreasing (24.08%). 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 -0.58 (%).Trend:Increase 11.54% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 0.58 (%).Trend:Decrease 200.0% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -0.35 (%).Trend:Decrease 160.34% than previous quarter

Overall: increasing (-39.66%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.48 (USD).Trend:Increase 14.29% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.52 (USD).Trend:Decrease 208.33% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.12 (USD).Trend:Decrease 315.38% than previous quarter

Overall: decreasing (133.33%). Fluctuation: **Significant** (high variation).



Working capital efficiency for Q2 2022 to Q1 2023 displays large fluctuations.  Liabilities on revenue increased significantly in Q1 2023, while current assets saw a substantial increase as well. Cost efficiency metrics demonstrate a continued decline in the ratio of retained earnings to revenue. Investment efficiency demonstrates significant volatility. Earning per share continues a downward trend, worsening from Q2 2022 to Q1 2023. The financial health is showing signs of considerable instability.