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 37.39 (%).Trend:Decrease 52.11% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.71 (%).Trend:Decrease 44.61% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 61.44 (%).Trend:Increase 196.67% than previous quarter

Overall: increasing (64.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 50.75 (%).Trend:Decrease 52.1% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 33.6 (%).Trend:Decrease 33.79% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 98.75 (%).Trend:Increase 193.9% than previous quarter

Overall: increasing (94.58%). 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 -5.49 (%).Trend:Decrease 61.98% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -2.76 (%).Trend:Decrease 49.73% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -9.81 (%).Trend:Increase 255.43% than previous quarter

Overall: decreasing (78.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.28 (%).Trend:Decrease 6.62% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.94 (%).Trend:Decrease 1.4% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.49 (%).Trend:Increase 6.47% than previous quarter

Overall: increasing (4.98%). 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 -3.37 (%).Trend:Decrease 18.0% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -2.65 (%).Trend:Decrease 21.36% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -3.1 (%).Trend:Increase 16.98% than previous quarter

Overall: increasing (-8.01%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2022 to Q1 2023 show significant fluctuations. Liabilities on revenue increased substantially, with a high degree of quarterly variation, while current assets on revenue also increased, with high volatility. Cost efficiency reveals an increase in the SG&A expense ratio, exhibiting little fluctuation. The ratio of retained earnings to revenue demonstrates a consistent, albeit substantial, decrease, with considerable quarterly changes. Investment efficiency also shows considerable variation in retained earnings on assets. The high variation across all metrics warrants further analysis.