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 98.38 (%).Trend:Decrease 56.07% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 77.28 (%).Trend:Decrease 21.45% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 187.81 (%).Trend:Increase 143.03% than previous quarter

Overall: increasing (90.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 73.85 (%).Trend:Decrease 50.83% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.29 (%).Trend:Decrease 27.84% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 131.65 (%).Trend:Increase 147.04% than previous quarter

Overall: increasing (78.27%). 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 -178.59 (%).Trend:Decrease 55.7% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -126.08 (%).Trend:Decrease 29.4% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -386.15 (%).Trend:Increase 206.27% than previous quarter

Overall: decreasing (116.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 50.69 (%).Trend:Decrease 10.43% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.09 (%).Trend:Increase 2.76% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.25 (%).Trend:Decrease 7.37% than previous quarter

Overall: decreasing (-4.81%). 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 -39.22 (%).Trend:Decrease 0.43% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -39.3 (%).Trend:Increase 0.2% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -44.92 (%).Trend:Increase 14.3% than previous quarter

Overall: decreasing (14.53%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.36 (USD).Trend:Increase 176.92% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.42 (USD).Trend:Increase 16.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 64.29% than previous quarter

Overall: decreasing (-58.33%). Fluctuation: **Significant** (high variation).



Q2 2022 to Q1 2023 financial data shows mixed results. Working capital efficiency, as measured by liabilities and current assets on revenue, shows an overall increasing trend with significant quarterly volatility. Cost efficiency, specifically the retained earnings to revenue ratio, indicates a decreasing trend despite the large quarterly variation. SG&A expense ratios display a slight downward trend with limited variation. Investment efficiency exhibits an overall downward trend but includes substantial quarterly change. Earnings per share show an overall decreasing trend but include large quarterly variations.