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 136.53 (%).Trend:Decrease 51.55% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 83.54 (%).Trend:Decrease 38.81% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 274.86 (%).Trend:Increase 229.02% than previous quarter

Overall: increasing (101.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 153.48 (%).Trend:Decrease 51.43% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 103.22 (%).Trend:Decrease 32.75% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 321.28 (%).Trend:Increase 211.26% than previous quarter

Overall: increasing (109.33%). 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 3.11 (%).Trend:Decrease 39.14% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 3.54 (%).Trend:Increase 13.83% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 23.28 (%).Trend:Increase 557.63% than previous quarter

Overall: increasing (648.55%). 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 0.97 (%).Trend:Increase 21.25% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 1.69 (%).Trend:Increase 74.23% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 3.58 (%).Trend:Increase 111.83% than previous quarter

Overall: increasing (269.07%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.47 (USD).Trend:Increase 23.68% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.87 (USD).Trend:Increase 85.11% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.74 (USD).Trend:Decrease 14.94% than previous quarter

Overall: increasing (57.45%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 indicate significant volatility in key metrics. Liabilities and current assets on revenue show an increase, but with high fluctuations.  The ratio of retained earnings to revenue, as well as retained earnings on assets and earnings per share, all trend upwards with considerable volatility. Overall, performance seems unpredictable, characterized by large swings between quarters.