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 42.7 (%).Trend:Decrease 53.72% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26.75 (%).Trend:Decrease 37.35% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 64.96 (%).Trend:Increase 142.84% than previous quarter

Overall: increasing (52.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 319.5 (%).Trend:Decrease 61.88% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 205.31 (%).Trend:Decrease 35.74% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 593.1 (%).Trend:Increase 188.88% than previous quarter

Overall: increasing (85.63%). 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 -224.01 (%).Trend:Decrease 48.64% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -199.48 (%).Trend:Decrease 10.95% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -869.67 (%).Trend:Increase 335.97% than previous quarter

Overall: decreasing (288.23%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 53.85 (%).Trend:Decrease 21.54% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 56.82 (%).Trend:Increase 5.52% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 56.27 (%).Trend:Decrease 0.97% than previous quarter

Overall: increasing (4.49%). 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 -47.17 (%).Trend:Increase 27.9% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -59.25 (%).Trend:Increase 25.61% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -81.31 (%).Trend:Increase 37.23% than previous quarter

Overall: decreasing (72.38%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -3.11 (USD).Trend:Increase 96.84% than previous quarter
Year 2022 Quarter 3: Earning Per Share -4.71 (USD).Trend:Increase 51.45% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.92 (USD).Trend:Decrease 80.47% than previous quarter

Overall: increasing (-70.42%). Fluctuation: **Significant** (high variation).



Q2 2022 to Q1 2023 financial data reveals a mixed picture.  Working capital efficiency, indicated by liabilities and current assets on revenue, shows increasing trends. However, cost efficiency, as measured by the ratio of retained earnings to revenue, displays a substantial decrease. The SG&A expense ratio shows a slight upward trend.  Investment efficiency and earnings per share show considerable decreases with significant fluctuations.  The overall performance indicates challenges despite some positive signs in working capital metrics.