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 71.23 (%).Trend:Decrease 56.73% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 45.54 (%).Trend:Decrease 36.07% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 129.62 (%).Trend:Increase 184.63% than previous quarter

Overall: increasing (81.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 110.09 (%).Trend:Decrease 53.26% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 73.67 (%).Trend:Decrease 33.08% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 219.62 (%).Trend:Increase 198.11% than previous quarter

Overall: increasing (99.49%). 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 -46.43 (%).Trend:Decrease 55.51% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -28.87 (%).Trend:Decrease 37.82% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -71.81 (%).Trend:Increase 148.74% than previous quarter

Overall: decreasing (54.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.69 (%).Trend:Decrease 10.21% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.68 (%).Trend:Decrease 4.45% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.29 (%).Trend:Decrease 6.41% than previous quarter

Overall: decreasing (-10.58%). 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 -17.38 (%).Trend:Decrease 0.46% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -17.07 (%).Trend:Decrease 1.78% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -15.05 (%).Trend:Decrease 11.83% than previous quarter

Overall: increasing (-13.41%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.08 (USD).Trend:Increase 300.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.13 (USD).Trend:Increase 62.5% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.13 (USD).Trend:Increase 0.0% than previous quarter

Overall: increasing (62.5%). Fluctuation: **Neutral** (moderate variation).



Financial data from Q2 2022 to Q1 2023 reveal significant variability.  Working capital efficiency is increasing, but with considerable fluctuation in both liabilities and current assets on revenue. Cost efficiency demonstrates a declining trend in the ratio of retained earnings to revenue, while the SG&A expense ratio shows a continuous slight decrease. Invest efficiency and earnings per share show increases across the period, but with fluctuations that are notable.