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 4179400000.0 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 5240200000.0 (%).Trend:Increase 25.38% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 5426200000.0 (%).Trend:Increase 3.55% than previous quarter

Overall: increasing (29.83%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 16377500000.0 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 18052900000.0 (%).Trend:Increase 10.23% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 19314100000.0 (%).Trend:Increase 6.99% than previous quarter

Overall: increasing (17.93%). Fluctuation: **Little** (low 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 -10301800000.0 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -10163300000.0 (%).Trend:Decrease 1.34% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -10079500000.0 (%).Trend:Decrease 0.82% than previous quarter

Overall: increasing (-2.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2060900000.0 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3261400000.0 (%).Trend:Increase 58.25% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1564500000.0 (%).Trend:Decrease 52.03% than previous quarter

Overall: decreasing (-24.09%). Fluctuation: **Significant** (high 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 -41.34 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -38.21 (%).Trend:Decrease 7.57% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -36.09 (%).Trend:Decrease 5.55% than previous quarter

Overall: increasing (-12.7%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.14 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.1 (USD).Trend:Decrease 28.57% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 110.0% than previous quarter

Overall: increasing (-107.14%). Fluctuation: **Significant** (high variation).



The analysis of Q2 2022 to Q1 2023 data shows increasing liabilities on revenue (29.83%), and current assets on revenue (17.93%).  Ratio of Retained Earnings to Revenue is increasing, but shows significant fluctuation. SG&A expenses decreased overall (-24.09%) but also show significant fluctuation. Retained earnings on assets and earnings per share are also decreasing with significant fluctuation.