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 136.23 (%).Trend:Decrease 52.29% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 105.36 (%).Trend:Decrease 22.66% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 280.38 (%).Trend:Increase 166.12% than previous quarter

Overall: increasing (105.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 149.67 (%).Trend:Decrease 50.8% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 120.01 (%).Trend:Decrease 19.82% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 321.69 (%).Trend:Increase 168.05% than previous quarter

Overall: increasing (114.93%). 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 -109.35 (%).Trend:Decrease 54.18% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -68.3 (%).Trend:Decrease 37.54% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -171.82 (%).Trend:Increase 151.57% than previous quarter

Overall: decreasing (57.13%). 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 -21.26 (%).Trend:Decrease 5.97% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -19.28 (%).Trend:Decrease 9.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -18.89 (%).Trend:Decrease 2.02% than previous quarter

Overall: increasing (-11.15%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.13 (USD).Trend:Increase 160.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.18 (USD).Trend:Increase 38.46% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 94.44% than previous quarter

Overall: decreasing (-92.31%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, liabilities and current assets on revenue increased significantly (105.81% and 114.93% respectively), demonstrating substantial volatility. The ratio of retained earnings to revenue worsened, decreasing significantly (-57.13%). Retained earnings on assets improved slightly, while earnings per share decreased sharply (-92.31%), reflecting considerable instability.