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 744.29 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 483.01 (%).Trend:Decrease 35.1% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 1503.96 (%).Trend:Increase 211.37% than previous quarter

Overall: increasing (102.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 957.45 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 614.78 (%).Trend:Decrease 35.79% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1802.15 (%).Trend:Increase 193.14% than previous quarter

Overall: increasing (88.22%). 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 -1003.84 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -642.54 (%).Trend:Decrease 35.99% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -1769.52 (%).Trend:Increase 175.39% than previous quarter

Overall: decreasing (76.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 61.21 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 58.73 (%).Trend:Decrease 4.05% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 54.36 (%).Trend:Decrease 7.44% than previous quarter

Overall: decreasing (-11.19%). 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 -53.45 (%).Trend:Increase 8.4% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -54.91 (%).Trend:Increase 2.73% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -52.3 (%).Trend:Decrease 4.75% than previous quarter

Overall: increasing (-2.15%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis for Q2 2022 to Q1 2023 shows a mixed picture of performance. Working capital efficiency shows increasing liabilities on revenue and current assets on revenue, though these trends are highly volatile.  Cost efficiency, as measured by SG&A expense ratio, is decreasing steadily, while the ratio of retained earnings to revenue declines significantly, indicating potentially decreased profitability. Investment efficiency shows a slightly positive trend in retained earnings on assets, but overall, this improvement is minimal and fluctuates. The data overall suggests some stability in cost efficiency, but working capital efficiency and profitability remain erratic.