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 31.23 (%).Trend:Decrease 48.42% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.11 (%).Trend:Decrease 32.4% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 52.99 (%).Trend:Increase 151.02% than previous quarter

Overall: increasing (69.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 75.81 (%).Trend:Decrease 47.84% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 50.38 (%).Trend:Decrease 33.54% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 130.84 (%).Trend:Increase 159.71% than previous quarter

Overall: increasing (72.59%). 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 7.96 (%).Trend:Decrease 90.83% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 4.51 (%).Trend:Decrease 43.34% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 4.22 (%).Trend:Decrease 6.43% than previous quarter

Overall: decreasing (-46.98%). 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 3.66 (%).Trend:Decrease 78.98% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 3.1 (%).Trend:Decrease 15.3% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 1.02 (%).Trend:Decrease 67.1% than previous quarter

Overall: decreasing (-72.13%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -5.56 (USD).Trend:Decrease 2085.71% than previous quarter
Year 2022 Quarter 3: Earning Per Share -5.0 (USD).Trend:Decrease 10.07% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.38 (USD).Trend:Decrease 92.4% than previous quarter

Overall: increasing (-93.17%). Fluctuation: **Significant** (high variation).



The financial statements from Q2 2022 to Q1 2023 show considerable shifts in key performance indicators.  Liabilities on revenue increased substantially in Q1 2023, reversing previous decreases.  Current assets on revenue also increased significantly, reversing a previous downward trend.  Cost efficiency, as measured by the ratio of retained earnings to revenue, remains in a negative trend, although the rate of decline has eased.  Invest efficiency and earnings per share continue a downward trend, remaining in negative territory.  The significant fluctuation in all these metrics warrants immediate investigation to understand the underlying causes and implement necessary corrective measures.