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 151.38 (%).Trend:Decrease 39.41% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 130.52 (%).Trend:Decrease 13.78% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 188.23 (%).Trend:Increase 44.22% than previous quarter

Overall: increasing (24.34%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 193.7 (%).Trend:Decrease 46.12% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 201.25 (%).Trend:Increase 3.9% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 272.2 (%).Trend:Increase 35.25% than previous quarter

Overall: increasing (40.53%). Fluctuation: **Neutral** (moderate 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 -447.03 (%).Trend:Decrease 41.34% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -286.91 (%).Trend:Decrease 35.82% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -520.85 (%).Trend:Increase 81.54% than previous quarter

Overall: decreasing (16.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 46.44 (%).Trend:Decrease 1.84% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 54.93 (%).Trend:Increase 18.28% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.9 (%).Trend:Decrease 27.36% than previous quarter

Overall: decreasing (-14.08%). Fluctuation: **Neutral** (moderate 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 -68.13 (%).Trend:Increase 1.22% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -53.29 (%).Trend:Decrease 21.78% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -57.88 (%).Trend:Increase 8.61% than previous quarter

Overall: increasing (-15.04%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.05 (USD).Trend:Decrease 171.43% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.4 (USD).Trend:Decrease 900.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.04 (USD).Trend:Decrease 110.0% than previous quarter

Overall: increasing (-20.0%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, Liabilities on Revenue increased (24.34%) with moderate fluctuation.  Current assets on Revenue also increased (40.53%) moderately. The Ratio of Retained Earnings to Revenue decreased (-16.51%) significantly. SG&A Expense Ratio decreased (-14.08%) moderately. Retained Earning on Assets increased (-15.04%) significantly, and Earnings Per Share increased (-20.0%) significantly.