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 33.92 (%).Trend:Decrease 50.98% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.94 (%).Trend:Decrease 29.42% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 72.69 (%).Trend:Increase 203.63% than previous quarter

Overall: increasing (114.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 64.93 (%).Trend:Decrease 48.9% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 44.44 (%).Trend:Decrease 31.56% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 117.75 (%).Trend:Increase 164.96% than previous quarter

Overall: increasing (81.35%). 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 -9.65 (%).Trend:Decrease 29.56% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -5.8 (%).Trend:Decrease 39.9% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -24.19 (%).Trend:Increase 317.07% than previous quarter

Overall: decreasing (150.67%). 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 -6.43 (%).Trend:Increase 29.9% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -5.83 (%).Trend:Decrease 9.33% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -8.56 (%).Trend:Increase 46.83% than previous quarter

Overall: decreasing (33.13%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.05 (USD).Trend:Decrease 183.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.01 (USD).Trend:Decrease 80.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.08 (USD).Trend:Increase 700.0% than previous quarter

Overall: decreasing (60.0%). Fluctuation: **Significant** (high variation).



The financial statements from Q2 2022 to Q1 2023 show substantial fluctuation across all metrics.  Working capital efficiency (liabilities and current assets on revenue) demonstrates an initial downward trend, followed by a large increase. Cost efficiency (retained earnings to revenue) shows a substantial decrease despite intermittent, large changes.  Investment efficiency (retained earnings on assets) continues a declining trend.  Earnings per share also show a consistent downward trend with significant swings.