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 142.34 (%).Trend:Increase 71.78% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 96.44 (%).Trend:Decrease 32.25% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 213.95 (%).Trend:Increase 121.85% than previous quarter

Overall: increasing (50.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 83.82 (%).Trend:Decrease 50.22% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 60.75 (%).Trend:Decrease 27.52% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 154.05 (%).Trend:Increase 153.58% than previous quarter

Overall: increasing (83.79%). 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 -90.62 (%).Trend:Decrease 51.0% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -62.52 (%).Trend:Decrease 31.01% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -161.36 (%).Trend:Increase 158.09% than previous quarter

Overall: decreasing (78.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.65 (%).Trend:Decrease 6.01% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.66 (%).Trend:Decrease 16.28% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.07 (%).Trend:Increase 5.49% than previous quarter

Overall: decreasing (-11.68%). 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 -58.83 (%).Trend:Increase 4.22% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -62.86 (%).Trend:Increase 6.85% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -56.74 (%).Trend:Decrease 9.74% than previous quarter

Overall: increasing (-3.55%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -1.34 (USD).Trend:Increase 55.81% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.0 (USD).Trend:Decrease 25.37% than previous quarter
Year 2023 Quarter 1: Earning Per Share -5.0 (USD).Trend:Increase 400.0% than previous quarter

Overall: decreasing (273.13%). Fluctuation: **Significant** (high variation).



This analysis covers Q2 2022 to Q1 2023, revealing significant fluctuations across key metrics. Liabilities on Revenue increased overall (50.31%) with substantial quarterly variation. Current assets on Revenue also increased significantly (83.79%) but exhibited high volatility. Cost efficiency shows a decreasing trend in the Ratio of Retained Earnings to Revenue (-78.06%) with significant fluctuation, while SG&A Expense Ratio decreased slightly (-11.68%) with little variation. Invest efficiency metrics demonstrate an increasing trend in Retained Earning on Assets (-3.55%) alongside significant fluctuation, and a decreasing trend in Earning Per Share (-273.13%) with significant fluctuation. Overall, the company experiences volatile performance with notable shifts in working capital and retained earnings.