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 135.47 (%).Trend:Decrease 54.53% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 79.95 (%).Trend:Decrease 40.98% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 239.33 (%).Trend:Increase 199.35% than previous quarter

Overall: increasing (76.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 533.03 (%).Trend:Decrease 50.88% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 433.77 (%).Trend:Decrease 18.62% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1331.67 (%).Trend:Increase 207.0% than previous quarter

Overall: increasing (149.83%). 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 -1013.21 (%).Trend:Decrease 49.94% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -675.55 (%).Trend:Decrease 33.33% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2594.58 (%).Trend:Increase 284.07% than previous quarter

Overall: decreasing (156.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -103.35 (%).Trend:Increase 13.47% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -99.41 (%).Trend:Decrease 3.81% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -123.41 (%).Trend:Increase 24.14% than previous quarter

Overall: decreasing (19.41%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.81 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.12 (USD).Trend:Increase 38.27% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.4 (USD).Trend:Decrease 64.29% than previous quarter

Overall: increasing (-50.62%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterize Q2 2022-Q1 2023 financial performance. Liabilities on revenue increased 76.67%, while current assets on revenue rose 149.83%.  Conversely, the ratio of retained earnings to revenue decreased 156.08%, and retained earnings on assets decreased 19.41%. Earnings per share showed an overall increase of -50.62%, indicating losses.