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 55.7 (%).Trend:Decrease 56.57% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 36.29 (%).Trend:Decrease 34.85% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 98.52 (%).Trend:Increase 171.48% than previous quarter

Overall: increasing (76.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 117.77 (%).Trend:Decrease 55.65% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 81.2 (%).Trend:Decrease 31.05% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 205.05 (%).Trend:Increase 152.52% than previous quarter

Overall: increasing (74.11%). 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 -4.14 (%).Trend:Decrease 68.54% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -2.36 (%).Trend:Decrease 43.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2.2 (%).Trend:Decrease 6.78% than previous quarter

Overall: increasing (-46.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.09 (%).Trend:Decrease 4.85% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.36 (%).Trend:Decrease 2.8% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.46 (%).Trend:Decrease 7.49% than previous quarter

Overall: decreasing (-10.08%). 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 -1.1 (%).Trend:Decrease 29.94% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -0.98 (%).Trend:Decrease 10.91% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -0.44 (%).Trend:Decrease 55.1% than previous quarter

Overall: increasing (-60.0%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2022 to Q1 2023 indicate increasing trends in working capital, with liabilities and current assets as percentages of revenue both increasing, though fluctuations remain substantial. Cost efficiency (SG&A expense ratio) shows a moderate decrease. However, retained earnings-to-revenue and retained earnings-on-assets ratios demonstrate significant volatility, implying potential complexities in the company's financial performance across the periods.