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 132.75 (%).Trend:Decrease 49.51% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 88.68 (%).Trend:Decrease 33.2% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 258.4 (%).Trend:Increase 191.38% than previous quarter

Overall: increasing (94.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 148.77 (%).Trend:Decrease 55.73% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 95.14 (%).Trend:Decrease 36.05% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 345.3 (%).Trend:Increase 262.94% than previous quarter

Overall: increasing (132.1%). 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 -80.99 (%).Trend:Decrease 22.93% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -59.35 (%).Trend:Decrease 26.72% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -102.88 (%).Trend:Increase 73.34% than previous quarter

Overall: decreasing (27.03%). 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 -30.36 (%).Trend:Increase 70.95% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -34.86 (%).Trend:Increase 14.82% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -19.01 (%).Trend:Decrease 45.47% than previous quarter

Overall: increasing (-37.38%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.39 (USD).Trend:Decrease 54.65% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.68 (USD).Trend:Increase 74.36% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 52.94% than previous quarter

Overall: decreasing (-17.95%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 show considerable fluctuation across working capital efficiency, cost efficiency, investment efficiency, and earnings per share. Liabilities on revenue and current assets on revenue both increased but with major quarter-to-quarter variability. The ratio of retained earnings to revenue shows a decrease with notable volatility. Investment efficiency shows an increasing trend in retained earnings on assets with substantial fluctuation. Earnings per share decreased with significant variations. Overall, the financial situation remains unstable.