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 65.16 (%).Trend:Decrease 47.07% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 43.67 (%).Trend:Decrease 32.98% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 110.77 (%).Trend:Increase 153.65% than previous quarter

Overall: increasing (70.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 77.45 (%).Trend:Decrease 49.75% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 52.92 (%).Trend:Decrease 31.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 159.46 (%).Trend:Increase 201.32% than previous quarter

Overall: increasing (105.89%). 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 -101.12 (%).Trend:Decrease 41.31% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -85.4 (%).Trend:Decrease 15.55% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -297.61 (%).Trend:Increase 248.49% than previous quarter

Overall: decreasing (194.31%). 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 -38.31 (%).Trend:Increase 22.08% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -53.97 (%).Trend:Increase 40.88% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -77.61 (%).Trend:Increase 43.8% than previous quarter

Overall: decreasing (102.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -3.27 (USD).Trend:Increase 104.38% than previous quarter
Year 2022 Quarter 3: Earning Per Share -6.26 (USD).Trend:Increase 91.44% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.57 (USD).Trend:Decrease 90.89% than previous quarter

Overall: increasing (-82.57%). Fluctuation: **Significant** (high variation).



Financial statement data from Q2 2022 to Q1 2023 displays highly variable trends.  Liabilities and current assets on revenue show increasing overall trends but significant quarter-to-quarter swings. The ratio of retained earnings to revenue is decreasing, with substantial fluctuations. Investment efficiency (retained earnings on assets) also shows a declining trend with volatility.  Earnings per share show an increasing trend overall, yet quarter-to-quarter variation is substantial.