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 41.48 (%).Trend:Decrease 49.18% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 45.05 (%).Trend:Increase 8.61% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 88.99 (%).Trend:Increase 97.54% than previous quarter

Overall: increasing (114.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 147.98 (%).Trend:Decrease 54.86% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 111.96 (%).Trend:Decrease 24.34% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 340.82 (%).Trend:Increase 204.41% than previous quarter

Overall: increasing (130.31%). 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 -81.93 (%).Trend:Decrease 53.51% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -46.05 (%).Trend:Decrease 43.79% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -114.99 (%).Trend:Increase 149.71% than previous quarter

Overall: decreasing (40.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 55.68 (%).Trend:Decrease 13.83% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.92 (%).Trend:Decrease 4.96% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 57.73 (%).Trend:Increase 9.09% than previous quarter

Overall: increasing (3.68%). 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 -28.13 (%).Trend:Increase 10.18% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -23.13 (%).Trend:Decrease 17.77% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -20.48 (%).Trend:Decrease 11.46% than previous quarter

Overall: increasing (-27.2%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.03 (USD).Trend:Decrease 120.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.69 (USD).Trend:Decrease 2400.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.79 (USD).Trend:Decrease 214.49% than previous quarter

Overall: decreasing (2533.33%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2022 to Q1 2023, liabilities and current assets on revenue show significant increases.  The ratio of retained earnings to revenue decreased overall, while SG&A expense ratio increased slightly.  Retained earnings on assets increased, but earnings per share decreased dramatically, both exhibiting significant fluctuations.