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 42.87 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 28.92 (%).Trend:Decrease 32.54% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 90.8 (%).Trend:Increase 213.97% than previous quarter

Overall: increasing (111.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 83.69 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.6 (%).Trend:Decrease 35.95% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 158.54 (%).Trend:Increase 195.78% than previous quarter

Overall: increasing (89.44%). 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 -28.64 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -19.24 (%).Trend:Decrease 32.82% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -54.68 (%).Trend:Increase 184.2% than previous quarter

Overall: decreasing (90.92%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.61 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.17 (%).Trend:Decrease 2.65% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.36 (%).Trend:Increase 7.36% than previous quarter

Overall: increasing (4.52%). 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 -14.53 (%).Trend:Increase 2.98% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -15.58 (%).Trend:Increase 7.23% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -15.22 (%).Trend:Decrease 2.31% than previous quarter

Overall: decreasing (4.75%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.32 (USD).Trend:Increase 77.78% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.43 (USD).Trend:Increase 34.37% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 25.58% than previous quarter

Overall: stable (0.0%). Fluctuation: **Neutral** (moderate variation).



Financial statements for Q2 2022 to Q1 2023 indicate significant fluctuations. Liabilities on revenue increased significantly in Q1 2023, then decreased in Q2 2023 before rising again. Current assets on revenue show a similar pattern, increasing then decreasing before potentially rising again. Cost efficiency, as measured by the ratio of retained earnings to revenue, showed a significant decrease from Q2 to Q1 2023. The SG&A expense ratio increased marginally during this period. Investment efficiency reveals a slight decrease in retained earnings on assets throughout, while earnings per share remained relatively stable.