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 649.58 (%).Trend:Decrease 69.94% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 405.73 (%).Trend:Decrease 37.54% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 1391.97 (%).Trend:Increase 243.08% than previous quarter

Overall: increasing (114.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 3557.07 (%).Trend:Decrease 69.96% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 2018.55 (%).Trend:Decrease 43.25% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 4405.32 (%).Trend:Increase 118.24% than previous quarter

Overall: increasing (23.85%). 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 -6134.57 (%).Trend:Decrease 63.17% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -4289.05 (%).Trend:Decrease 30.08% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -9678.84 (%).Trend:Increase 125.66% than previous quarter

Overall: decreasing (57.78%). 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 -149.29 (%).Trend:Increase 21.38% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -181.75 (%).Trend:Increase 21.74% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -188.49 (%).Trend:Increase 3.71% than previous quarter

Overall: decreasing (26.26%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.58 (USD).Trend:Increase 45.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.83 (USD).Trend:Increase 43.1% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.27 (USD).Trend:Decrease 67.47% than previous quarter

Overall: increasing (-53.45%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2022 to Q1 2023 shows significant fluctuations across key metrics. Working capital efficiency, as measured by liabilities and current assets on revenue, demonstrates increasing trends but with high volatility.  Cost efficiency, indicated by the ratio of retained earnings to revenue, shows a declining overall trend with considerable fluctuation.  Investment efficiency, reflected in retained earnings on assets, also displays a decreasing trend and significant variation. Earning per share shows an increasing trend, but with large, inconsistent quarter-to-quarter changes.  Overall, the data reveals a volatile financial performance with potentially concerning decreases in cost and investment efficiencies.