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 124.0 (%).Trend:Decrease 69.87% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 79.17 (%).Trend:Decrease 36.15% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 206.7 (%).Trend:Increase 161.08% than previous quarter

Overall: increasing (66.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 161.4 (%).Trend:Decrease 67.1% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 100.04 (%).Trend:Decrease 38.02% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 300.84 (%).Trend:Increase 200.72% than previous quarter

Overall: increasing (86.39%). 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 -792.48 (%).Trend:Decrease 67.89% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -650.89 (%).Trend:Decrease 17.87% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -3935.33 (%).Trend:Increase 504.61% than previous quarter

Overall: decreasing (396.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.93 (%).Trend:Decrease 43.03% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.51 (%).Trend:Increase 11.19% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 62.85 (%).Trend:Increase 38.1% than previous quarter

Overall: increasing (53.55%). Fluctuation: **Neutral** (moderate 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 -286.22 (%).Trend:Increase 0.63% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -354.53 (%).Trend:Increase 23.87% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -570.38 (%).Trend:Increase 60.88% than previous quarter

Overall: decreasing (99.28%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q2 2022 - Q1 2023 reveals significant fluctuations. Liabilities and current assets on revenue increased substantially (66.69% and 86.39% respectively), suggesting improved working capital.  However, the ratio of retained earnings to revenue decreased dramatically (-396.58%), indicating serious profitability concerns. The SG&A expense ratio increased (53.55%), showing a less volatile, though still upward, trend. Retained earnings on assets experienced a significant decrease.