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 175.5 (%).Trend:Decrease 51.03% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 113.62 (%).Trend:Decrease 35.26% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 333.28 (%).Trend:Increase 193.33% than previous quarter

Overall: increasing (89.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 183.18 (%).Trend:Decrease 44.89% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 124.74 (%).Trend:Decrease 31.9% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 518.82 (%).Trend:Increase 315.92% than previous quarter

Overall: increasing (183.23%). 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 -111.47 (%).Trend:Decrease 53.56% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -71.0 (%).Trend:Decrease 36.31% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -198.43 (%).Trend:Increase 179.48% than previous quarter

Overall: decreasing (78.01%). 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 -29.79 (%).Trend:Decrease 8.9% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -28.3 (%).Trend:Decrease 5.0% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -22.24 (%).Trend:Decrease 21.41% than previous quarter

Overall: increasing (-25.34%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.24 (USD).Trend:Decrease 226.32% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.42 (USD).Trend:Increase 75.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.41 (USD).Trend:Decrease 197.62% than previous quarter

Overall: decreasing (-270.83%). Fluctuation: **Significant** (high variation).



The financial statements from Q2 2022 to Q1 2023 display significant volatility. Working capital efficiency metrics (liabilities and current assets on revenue) show large increases and decreases across the three quarters. Cost efficiency, as measured by the ratio of retained earnings to revenue, demonstrates a decreasing trend despite substantial variations.  Investment efficiency, as measured by retained earnings on assets, depicts a steady decline.  Earning per share shows a fluctuating trend with significant positive and negative movements. The report underlines the considerable instability in the financial performance in this period.