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 48.88 (%).Trend:Decrease 51.35% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.21 (%).Trend:Decrease 44.33% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 92.09 (%).Trend:Increase 238.44% than previous quarter

Overall: increasing (88.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 101.88 (%).Trend:Decrease 51.5% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 62.2 (%).Trend:Decrease 38.95% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 219.48 (%).Trend:Increase 252.86% than previous quarter

Overall: increasing (115.43%). 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 -7.43 (%).Trend:Decrease 114.71% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -6.61 (%).Trend:Decrease 11.04% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 14.09 (%).Trend:Decrease 313.16% than previous quarter

Overall: increasing (-289.64%). 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 -1.86 (%).Trend:Decrease 133.04% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -2.52 (%).Trend:Increase 35.48% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 1.42 (%).Trend:Decrease 156.35% than previous quarter

Overall: increasing (-176.34%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2022 to Q1 2023 show mixed results, with some improvements and concerning trends. Liabilities on revenue and current assets on revenue both show an increase overall, although with significant quarterly fluctuations. The ratio of retained earnings to revenue, however, shows a large negative trend, indicating potential difficulty in generating profitable operations. Investment efficiency, as reflected by retained earnings on assets, also continues a decreasing trend, suggesting ongoing challenges in turning assets into revenue.