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 124.02 (%).Trend:Decrease 52.6% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 69.82 (%).Trend:Decrease 43.7% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 181.03 (%).Trend:Increase 159.28% than previous quarter

Overall: increasing (45.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 777.0 (%).Trend:Decrease 59.76% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 459.2 (%).Trend:Decrease 40.9% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 969.1 (%).Trend:Increase 111.04% than previous quarter

Overall: increasing (24.72%). 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 -904.92 (%).Trend:Decrease 49.95% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -681.51 (%).Trend:Decrease 24.69% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2062.93 (%).Trend:Increase 202.7% than previous quarter

Overall: decreasing (127.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 93.7 (%).Trend:Decrease 7.87% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 95.48 (%).Trend:Increase 1.9% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 74.75 (%).Trend:Decrease 21.71% than previous quarter

Overall: decreasing (-20.22%). 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 -84.6 (%).Trend:Increase 16.96% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -103.61 (%).Trend:Increase 22.47% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -142.95 (%).Trend:Increase 37.97% than previous quarter

Overall: decreasing (68.97%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -1.23 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.81 (USD).Trend:Increase 47.15% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.61 (USD).Trend:Decrease 66.3% than previous quarter

Overall: increasing (-50.41%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows mixed results with significant quarter-to-quarter variations. Liabilities on revenue increased, but with notable fluctuation.  Current assets on revenue also increased, though fluctuation remains substantial.  Cost efficiency, indicated by the ratio of retained earnings to revenue, reveals a notable overall decreasing trend.  The selling, general, and administrative (SG&A) expense ratio decreased overall, showing a moderately fluctuating trend. Investment efficiency, signified by retained earnings on assets, decreased markedly with substantial fluctuations across the period. Earning per share also show a pattern of increase with substantial variation between quarters.