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 144.68 (%).Trend:Decrease 49.45% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 101.31 (%).Trend:Decrease 29.98% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 307.52 (%).Trend:Increase 203.54% than previous quarter

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

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 113.35 (%).Trend:Decrease 51.85% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 76.74 (%).Trend:Decrease 32.3% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 216.45 (%).Trend:Increase 182.06% than previous quarter

Overall: increasing (90.96%). 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 -946.17 (%).Trend:Decrease 50.17% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -633.74 (%).Trend:Decrease 33.02% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -1688.56 (%).Trend:Increase 166.44% than previous quarter

Overall: decreasing (78.46%). 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 -562.25 (%).Trend:Decrease 5.16% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -564.21 (%).Trend:Increase 0.35% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -542.27 (%).Trend:Decrease 3.89% than previous quarter

Overall: increasing (-3.55%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q2 2022 to Q1 2023 reveals significant fluctuations in key financial ratios. Liabilities on Revenue and Current Assets on Revenue increased substantially (112.55% and 90.96% respectively), indicating potential working capital challenges. Conversely, the Ratio of Retained Earnings to Revenue significantly decreased (-78.46%), suggesting profitability concerns. Retained Earnings on Assets showed minimal change (-3.55%), although the variation is significant.  Further investigation is required to understand the drivers of these fluctuations.