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 94.07 (%).Trend:Decrease 29.42% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 57.26 (%).Trend:Decrease 39.13% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 182.33 (%).Trend:Increase 218.42% than previous quarter

Overall: increasing (93.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 96.65 (%).Trend:Decrease 47.68% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 71.76 (%).Trend:Decrease 25.75% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 224.65 (%).Trend:Increase 213.06% than previous quarter

Overall: increasing (132.44%). 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 -43.97 (%).Trend:Decrease 55.66% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -29.73 (%).Trend:Decrease 32.39% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -135.18 (%).Trend:Increase 354.69% than previous quarter

Overall: decreasing (207.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.76 (%).Trend:Decrease 4.29% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.76 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.59 (%).Trend:Increase 28.08% than previous quarter

Overall: increasing (28.08%). Fluctuation: **Neutral** (moderate 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 -14.98 (%).Trend:Decrease 10.14% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -14.53 (%).Trend:Decrease 3.0% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -18.38 (%).Trend:Increase 26.5% than previous quarter

Overall: decreasing (22.7%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q2 2022 to Q1 2023 reveal significant fluctuations in several key metrics. Working capital efficiency, measured by liabilities and current assets on revenue, demonstrates substantial increases, although with considerable volatility. Cost efficiency shows a considerable decrease in the ratio of retained earnings to revenue, but the SG&A expense ratio shows a moderate increase.  Investment efficiency, measured by retained earnings on assets, exhibits a decline with notable variations.