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 48.1 (%).Trend:Decrease 76.31% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26.34 (%).Trend:Decrease 45.24% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 74.44 (%).Trend:Increase 182.61% than previous quarter

Overall: increasing (54.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 157.41 (%).Trend:Decrease 46.14% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 98.14 (%).Trend:Decrease 37.65% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 340.22 (%).Trend:Increase 246.67% than previous quarter

Overall: increasing (116.14%). 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 -738.47 (%).Trend:Decrease 52.08% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -468.81 (%).Trend:Decrease 36.52% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -1358.18 (%).Trend:Increase 189.71% than previous quarter

Overall: decreasing (83.92%). 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 -194.51 (%).Trend:Decrease 6.75% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -190.39 (%).Trend:Decrease 2.12% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -176.38 (%).Trend:Decrease 7.36% than previous quarter

Overall: increasing (-9.32%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.38 (USD).Trend:Increase 90.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.53 (USD).Trend:Increase 39.47% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.16 (USD).Trend:Decrease 69.81% than previous quarter

Overall: decreasing (-57.89%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 show significant fluctuations in working capital efficiency. Liabilities on revenue increased sharply in Q1 2023 after decreasing in the preceding quarters.  Current assets on revenue also exhibit substantial increases and decreases.  Cost efficiency, as measured by the ratio of retained earnings to revenue, is trending downwards with significant volatility.  Investment efficiency, as measured by retained earnings on assets, is generally increasing but with significant quarter-to-quarter variation. Earnings per share also show significant fluctuation, decreasing from Q2 to Q1 2023.