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 16.11 (%).Trend:Decrease 45.22% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 10.25 (%).Trend:Decrease 36.37% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 35.0 (%).Trend:Increase 241.46% than previous quarter

Overall: increasing (117.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 66.58 (%).Trend:Decrease 52.04% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 44.14 (%).Trend:Decrease 33.7% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 118.31 (%).Trend:Increase 168.03% than previous quarter

Overall: increasing (77.7%). 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 132.73 (%).Trend:Decrease 54.04% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 83.81 (%).Trend:Decrease 36.86% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 174.59 (%).Trend:Increase 108.32% than previous quarter

Overall: increasing (31.54%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.05 (%).Trend:Decrease 6.99% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.41 (%).Trend:Decrease 4.9% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.14 (%).Trend:Decrease 34.41% than previous quarter

Overall: decreasing (-37.62%). 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 77.85 (%).Trend:Decrease 1.53% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 77.42 (%).Trend:Decrease 0.55% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 73.93 (%).Trend:Decrease 4.51% than previous quarter

Overall: decreasing (-5.04%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.34 (USD).Trend:Decrease 8.11% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.46 (USD).Trend:Decrease 235.29% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.58 (USD).Trend:Increase 460.87% than previous quarter

Overall: increasing (-858.82%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 displays significant volatility. Working capital efficiency indicators (liabilities and current assets on revenue) show strong increases in Q1 2023, after a period of decline.  Cost efficiency, as measured by the ratio of retained earnings to revenue, displays large fluctuations, with a substantial increase in Q1 2023.  SG&A expenses show a consistent decrease with low variation. Investment efficiency, specifically retained earnings on assets, demonstrates a steady decline.  Earnings per share show substantial fluctuations, increasing from negative to positive values in Q1 2023.