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 34.9 (%).Trend:Decrease 47.19% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.33 (%).Trend:Decrease 36.02% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 81.21 (%).Trend:Increase 263.68% than previous quarter

Overall: increasing (132.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 59.88 (%).Trend:Decrease 47.01% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 39.01 (%).Trend:Decrease 34.85% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 123.66 (%).Trend:Increase 217.0% than previous quarter

Overall: increasing (106.51%). 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 -17.66 (%).Trend:Decrease 56.61% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -10.53 (%).Trend:Decrease 40.37% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -26.07 (%).Trend:Increase 147.58% than previous quarter

Overall: decreasing (47.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.87 (%).Trend:Increase 2.77% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.14 (%).Trend:Increase 1.23% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.14 (%).Trend:Increase 9.03% than previous quarter

Overall: increasing (10.38%). 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 -14.62 (%).Trend:Decrease 17.59% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -13.15 (%).Trend:Decrease 10.05% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -10.11 (%).Trend:Decrease 23.12% than previous quarter

Overall: increasing (-30.85%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q2 2022 to Q1 2023 demonstrate significant fluctuations in key performance indicators. Working capital efficiency, as measured by liabilities and current assets on revenue, shows a significant increase, with substantial changes in each quarter.  Cost efficiency, calculated as the ratio of retained earnings to revenue, has an overall decrease despite variations. SG&A expense ratio exhibits minor overall increases.  Investment efficiency continues a negative trend, with steadily decreasing retained earnings on assets, but significant variation. Earnings per share data isn't provided for this time period.