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 40.03 (%).Trend:Decrease 67.91% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.65 (%).Trend:Decrease 35.92% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 64.83 (%).Trend:Increase 152.75% than previous quarter

Overall: increasing (61.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 80.73 (%).Trend:Decrease 61.77% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.55 (%).Trend:Decrease 33.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 147.15 (%).Trend:Increase 174.79% than previous quarter

Overall: increasing (82.27%). 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 -167.28 (%).Trend:Decrease 51.11% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -112.26 (%).Trend:Decrease 32.89% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -419.31 (%).Trend:Increase 273.52% than previous quarter

Overall: decreasing (150.66%). 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 -104.28 (%).Trend:Increase 16.53% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -107.86 (%).Trend:Increase 3.43% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -136.75 (%).Trend:Increase 26.78% than previous quarter

Overall: decreasing (31.14%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.41 (USD).Trend:Increase 64.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.53 (USD).Trend:Increase 29.27% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.28 (USD).Trend:Decrease 47.17% than previous quarter

Overall: increasing (-31.71%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2022-Q1 2023, liabilities on revenue increased (61.95%), and current assets on revenue also rose (82.27%), both with substantial fluctuation. The ratio of retained earnings to revenue decreased significantly (150.66%), demonstrating high variation. Retained earnings on assets decreased (31.14%) with high variability. Earnings per share showed an overall increase (-31.71%), also displaying significant fluctuation.