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 122.86 (%).Trend:Decrease 59.83% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 69.54 (%).Trend:Decrease 43.4% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 145.57 (%).Trend:Increase 109.33% than previous quarter

Overall: increasing (18.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 69.82 (%).Trend:Decrease 42.62% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 40.88 (%).Trend:Decrease 41.45% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 215.78 (%).Trend:Increase 427.84% than previous quarter

Overall: increasing (209.05%). 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 -15.04 (%).Trend:Decrease 78.32% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -3.14 (%).Trend:Decrease 79.12% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 127.77 (%).Trend:Decrease 4169.11% than previous quarter

Overall: increasing (-949.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.19 (%).Trend:Decrease 21.22% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.05 (%).Trend:Decrease 6.39% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.84 (%).Trend:Increase 38.54% than previous quarter

Overall: increasing (29.68%). Fluctuation: **Neutral** (moderate 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 -3.89 (%).Trend:Decrease 50.82% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -1.33 (%).Trend:Decrease 65.81% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 10.31 (%).Trend:Decrease 875.19% than previous quarter

Overall: increasing (-365.04%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements reveal significant fluctuations in all areas of financial performance.  Liabilities on revenue and current assets on revenue both exhibit considerable variations, going from decreases to large increases.  Cost efficiency shows an increase in the SG&A expense ratio. The ratio of retained earnings to revenue has very large positive increases followed by significant negative changes, illustrating major fluctuations. Investment efficiency also reveals substantial shifts.  Analyzing these fluctuating trends to determine driving forces is crucial for evaluating company performance.