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 37.7 (%).Trend:Decrease 55.91% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.78 (%).Trend:Decrease 42.23% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 50.35 (%).Trend:Increase 131.18% than previous quarter

Overall: increasing (33.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 95.98 (%).Trend:Decrease 49.03% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 64.5 (%).Trend:Decrease 32.8% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 176.7 (%).Trend:Increase 173.95% than previous quarter

Overall: increasing (84.1%). 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 -260.08 (%).Trend:Decrease 49.22% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -169.01 (%).Trend:Decrease 35.02% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -382.59 (%).Trend:Increase 126.37% than previous quarter

Overall: decreasing (47.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 53.57 (%).Trend:Increase 2.45% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 54.55 (%).Trend:Increase 1.83% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 50.21 (%).Trend:Decrease 7.96% than previous quarter

Overall: decreasing (-6.27%). 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 -99.65 (%).Trend:Decrease 0.08% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -98.81 (%).Trend:Decrease 0.84% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -91.28 (%).Trend:Decrease 7.62% than previous quarter

Overall: increasing (-8.4%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.28 (USD).Trend:Increase 75.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.4 (USD).Trend:Increase 42.86% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.28 (USD).Trend:Decrease 30.0% than previous quarter

Overall: stable (0.0%). Fluctuation: **Neutral** (moderate variation).



Financial performance from Q2 2022 to Q1 2023 reveals significant fluctuations.  Working capital efficiency shows substantial increases and decreases in liabilities and current assets on revenue. Cost efficiency, as indicated by the declining ratio of retained earnings to revenue, suggests potential challenges.  The Selling, General & Administrative (SG&A) expense ratio, however, shows a minor overall decrease.  Investment efficiency is increasing, but with substantial swings.  Earnings per share show a stable overall trend.  The high variation across all key metrics necessitates further investigation.