Working Capital Efficiency
The data from Quater 1 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 1: Liabilities on Revenue 41.51 (%).Trend:Increase 107.14% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 28.44 (%).Trend:Decrease 31.49% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.63 (%).Trend:Increase 35.83% than previous quarter

Overall: decreasing (-6.94%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 281.71 (%).Trend:Increase 61.64% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 142.38 (%).Trend:Decrease 49.46% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 101.21 (%).Trend:Decrease 28.92% than previous quarter

Overall: decreasing (-64.07%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -442.34 (%).Trend:Increase 162.86% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -229.04 (%).Trend:Decrease 48.22% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -202.05 (%).Trend:Decrease 11.78% than previous quarter

Overall: increasing (-54.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 60.57 (%).Trend:Increase 10.57% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 60.7 (%).Trend:Increase 0.21% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 60.17 (%).Trend:Decrease 0.87% than previous quarter

Overall: decreasing (-0.66%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 1 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 1: Retained Earning on Assets -100.26 (%).Trend:Increase 17.14% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -106.14 (%).Trend:Increase 5.86% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -53.74 (%).Trend:Decrease 49.37% than previous quarter

Overall: increasing (-46.4%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.09 (USD).Trend:Decrease 78.57% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.32 (USD).Trend:Increase 255.56% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.36 (USD).Trend:Increase 12.5% than previous quarter

Overall: decreasing (300.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2022 to Q2 2023 show mixed results. Liabilities on revenue demonstrate a slight overall decrease, while current assets on revenue show a substantial decrease. Cost efficiency reveals a fluctuating trend in the ratio of retained earnings to revenue, with an overall tendency toward improvement but significant quarter-to-quarter variation. SG&A expense ratio displays a small decrease overall. Invest efficiency, indicated by retained earnings on assets, shows a noteworthy increase overall, though fluctuation is significant. Earnings per share demonstrate a significant decrease overall, with a combination of fluctuations. The data suggests volatility and possible challenges in financial performance over the period.