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 57.23 (%).Trend:Decrease 42.66% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 33.78 (%).Trend:Decrease 40.98% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 82.89 (%).Trend:Increase 145.38% than previous quarter

Overall: increasing (44.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 357.3 (%).Trend:Decrease 50.73% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 229.85 (%).Trend:Decrease 35.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 308.21 (%).Trend:Increase 34.09% than previous quarter

Overall: decreasing (-13.74%). Fluctuation: **Neutral** (moderate 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 72.47 (%).Trend:Decrease 55.98% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 45.14 (%).Trend:Decrease 37.71% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 98.61 (%).Trend:Increase 118.45% than previous quarter

Overall: increasing (36.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.31 (%).Trend:Decrease 6.74% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.41 (%).Trend:Decrease 4.22% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.54 (%).Trend:Increase 10.44% than previous quarter

Overall: increasing (5.77%). Fluctuation: **Little** (low 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 17.75 (%).Trend:Decrease 10.13% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 17.22 (%).Trend:Decrease 2.99% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 13.32 (%).Trend:Decrease 22.65% than previous quarter

Overall: decreasing (-24.96%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.5 (USD).Trend:Increase 66.67% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.47 (USD).Trend:Decrease 6.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.29 (USD).Trend:Decrease 38.3% than previous quarter

Overall: increasing (-42.0%). Fluctuation: **Significant** (high variation).



The period from Q2 2022 to Q1 2023 reveals substantial volatility. Liabilities on revenue increased 44.84% overall but fluctuated greatly.  Current assets on revenue decreased overall (-13.74%) but with moderate variation.  The ratio of retained earnings to revenue experienced a significant 36.07% increase, while the SG&A expense ratio rose by 5.77%.  Retained earnings on assets fell significantly (-24.96%), and earnings per share increased, though with considerable fluctuation.