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 215.37 (%).Trend:Decrease 45.41% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 126.42 (%).Trend:Decrease 41.3% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 419.6 (%).Trend:Increase 231.91% than previous quarter

Overall: increasing (94.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 148.49 (%).Trend:Decrease 48.89% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 97.96 (%).Trend:Decrease 34.03% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 312.42 (%).Trend:Increase 218.93% than previous quarter

Overall: increasing (110.4%). 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 37.57 (%).Trend:Decrease 51.78% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 24.72 (%).Trend:Decrease 34.2% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -431.37 (%).Trend:Decrease 1845.02% than previous quarter

Overall: decreasing (-1248.18%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.36 (%).Trend:Decrease 0.94% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.6 (%).Trend:Decrease 2.59% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.6 (%).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-2.59%). 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 3.4 (%).Trend:Increase 1.49% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 3.41 (%).Trend:Increase 0.29% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -24.79 (%).Trend:Decrease 826.98% than previous quarter

Overall: decreasing (-829.12%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.65 (USD).Trend:Increase 225.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.06 (USD).Trend:Increase 63.08% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.24 (USD).Trend:Decrease 77.36% than previous quarter

Overall: decreasing (-63.08%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 reveal significant fluctuations. Liabilities and current assets on revenue increased, showing varied performance. The ratio of retained earnings to revenue declined dramatically, suggesting potential issues in profitability. SG&A expenses decreased slightly, with no significant change in Q1 2023. Investment efficiency shows a substantial decline in retained earnings on assets. Earnings per share also show a notable decrease in Q1 2023.