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 33.71 (%).Trend:Decrease 64.1% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 32.64 (%).Trend:Decrease 3.17% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 93.62 (%).Trend:Increase 186.83% than previous quarter

Overall: increasing (177.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 77.41 (%).Trend:Decrease 66.2% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 50.55 (%).Trend:Decrease 34.7% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 171.07 (%).Trend:Increase 238.42% than previous quarter

Overall: increasing (120.99%). 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 -258.42 (%).Trend:Decrease 45.11% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -212.21 (%).Trend:Decrease 17.88% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -774.99 (%).Trend:Increase 265.2% than previous quarter

Overall: decreasing (199.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.27 (%).Trend:Decrease 4.01% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.47 (%).Trend:Increase 6.42% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.84 (%).Trend:Decrease 12.7% than previous quarter

Overall: decreasing (-7.09%). 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 -69.7 (%).Trend:Increase 3.74% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -78.11 (%).Trend:Increase 12.07% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -84.86 (%).Trend:Increase 8.64% than previous quarter

Overall: decreasing (21.75%). Fluctuation: **Significant** (high variation).

Earning Per Share


The data from Q2 2022 to Q1 2023 shows significant fluctuations. Liabilities on revenue increased substantially, while current assets on revenue also increased. The ratio of retained earnings to revenue saw a significant decrease.  SG&A expense ratio declined slightly.  Investment efficiency decreased overall with significant variance.