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 33.53 (%).Trend:Decrease 50.3% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.07 (%).Trend:Decrease 40.14% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 55.64 (%).Trend:Increase 177.23% than previous quarter

Overall: increasing (65.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 13.8 (%).Trend:Decrease 43.93% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 7.75 (%).Trend:Decrease 43.84% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 35.48 (%).Trend:Increase 357.81% than previous quarter

Overall: increasing (157.1%). 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 -163.7 (%).Trend:Decrease 54.21% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -102.94 (%).Trend:Decrease 37.12% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -287.68 (%).Trend:Increase 179.46% than previous quarter

Overall: decreasing (75.74%). 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 -142.65 (%).Trend:Decrease 1.55% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -141.41 (%).Trend:Decrease 0.87% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -135.61 (%).Trend:Decrease 4.1% than previous quarter

Overall: increasing (-4.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.26 (USD).Trend:Decrease 7.14% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.06 (USD).Trend:Decrease 123.08% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 183.33% than previous quarter

Overall: increasing (-80.77%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 show significant volatility in key financial metrics. Liabilities on revenue increased unexpectedly, then decreased substantially, before increasing again.  Current assets on revenue display a similar pattern.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows a negative overall trend, despite fluctuations.  Investment efficiency, gauged by retained earnings on assets, showed a slight negative trend. Earnings per share demonstrate an overall positive trend, yet quarter-to-quarter fluctuations are considerable. The highly variable nature of these results suggests a need for investigation into underlying factors.