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 182.27 (%).Trend:Decrease 65.34% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 126.5 (%).Trend:Decrease 30.6% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 326.51 (%).Trend:Increase 158.11% than previous quarter

Overall: increasing (79.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 315.28 (%).Trend:Decrease 63.17% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 258.86 (%).Trend:Decrease 17.9% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 512.14 (%).Trend:Increase 97.84% than previous quarter

Overall: increasing (62.44%). 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 -177.32 (%).Trend:Decrease 72.48% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -106.9 (%).Trend:Decrease 39.71% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -226.95 (%).Trend:Increase 112.3% than previous quarter

Overall: decreasing (27.99%). 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 -5.64 (%).Trend:Decrease 21.01% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -5.06 (%).Trend:Decrease 10.28% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -4.12 (%).Trend:Decrease 18.58% than previous quarter

Overall: increasing (-26.95%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.62 (USD).Trend:Increase 106.67% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.16 (USD).Trend:Increase 87.1% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.7 (USD).Trend:Decrease 39.66% than previous quarter

Overall: decreasing (12.9%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, liabilities on revenue increased (79.14%), and current assets on revenue also increased (62.44%), suggesting improved working capital.  However, the ratio of retained earnings to revenue decreased (-27.99%), while retained earnings on assets improved (-26.95%). Earnings per share decreased (12.9%).  All metrics showed significant fluctuation.