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 76.16 (%).Trend:Decrease 80.06% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 73.02 (%).Trend:Decrease 4.12% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 270.53 (%).Trend:Increase 270.49% than previous quarter

Overall: increasing (255.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 633.85 (%).Trend:Decrease 79.99% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 483.81 (%).Trend:Decrease 23.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 2314.01 (%).Trend:Increase 378.29% than previous quarter

Overall: increasing (265.07%). 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 -1844.76 (%).Trend:Decrease 82.62% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -1388.11 (%).Trend:Decrease 24.75% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -9617.15 (%).Trend:Increase 592.82% than previous quarter

Overall: decreasing (421.32%). 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 -226.29 (%).Trend:Decrease 0.38% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -250.99 (%).Trend:Increase 10.92% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -386.82 (%).Trend:Increase 54.12% than previous quarter

Overall: decreasing (70.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.6 (USD).Trend:Increase 15.38% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.03 (USD).Trend:Increase 71.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.49 (USD).Trend:Decrease 52.43% than previous quarter

Overall: increasing (-18.33%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterize the financial data from Q2 2022 to Q1 2023.  Liabilities on revenue and current assets on revenue increased substantially, by 255.21% and 265.07%, respectively. Conversely, the ratio of retained earnings to revenue decreased dramatically (421.32%),  while retained earnings on assets fell by 70.94%. Earnings per share showed a smaller increase of -18.33%.  High variability is a consistent feature.