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 78.33 (%).Trend:Decrease 69.77% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 43.83 (%).Trend:Decrease 44.04% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 166.99 (%).Trend:Increase 280.99% than previous quarter

Overall: increasing (113.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 319.5 (%).Trend:Decrease 60.02% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 187.73 (%).Trend:Decrease 41.24% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 541.07 (%).Trend:Increase 188.22% than previous quarter

Overall: increasing (69.35%). 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 -1887.72 (%).Trend:Decrease 56.46% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -1178.73 (%).Trend:Decrease 37.56% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -3352.8 (%).Trend:Increase 184.44% than previous quarter

Overall: decreasing (77.61%). 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 -378.56 (%).Trend:Increase 7.18% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -405.26 (%).Trend:Increase 7.05% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -434.57 (%).Trend:Increase 7.23% than previous quarter

Overall: decreasing (14.8%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.09 (USD).Trend:Decrease 10.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.13 (USD).Trend:Increase 44.44% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 53.85% than previous quarter

Overall: increasing (-33.33%). Fluctuation: **Significant** (high variation).



The period from Q2 2022 to Q1 2023 demonstrates significant volatility across key financial indicators.  Liabilities and current assets relative to revenue both showed overall increases, suggesting potential improvements in working capital. However, the ratio of retained earnings to revenue declined substantially, while retained earnings on assets also decreased. Earnings per share increased overall, despite volatility.  These significant fluctuations warrant further investigation.