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 33.91 (%).Trend:Decrease 55.7% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 28.96 (%).Trend:Decrease 14.6% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 64.28 (%).Trend:Increase 121.96% than previous quarter

Overall: increasing (89.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 119.08 (%).Trend:Decrease 49.97% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 85.86 (%).Trend:Decrease 27.9% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 230.42 (%).Trend:Increase 168.37% than previous quarter

Overall: increasing (93.5%). 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 -107.26 (%).Trend:Decrease 53.06% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -64.43 (%).Trend:Decrease 39.93% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -152.04 (%).Trend:Increase 135.98% than previous quarter

Overall: decreasing (41.75%). 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 -52.35 (%).Trend:Decrease 3.96% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -46.33 (%).Trend:Decrease 11.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -41.55 (%).Trend:Decrease 10.32% than previous quarter

Overall: increasing (-20.63%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.24 (USD).Trend:Increase 84.62% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.45 (USD).Trend:Increase 87.5% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 66.67% than previous quarter

Overall: decreasing (-37.5%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2022 to Q1 2023 data reveals significant fluctuations. Liabilities and current assets on revenue increased substantially.  The ratio of retained earnings to revenue worsened, while retained earnings on assets showed improvement. Earnings per share decreased significantly, indicating potential profitability concerns.  Further investigation is crucial due to high volatility.