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 57.18 (%).Trend:Decrease 53.34% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 43.73 (%).Trend:Decrease 23.52% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 129.62 (%).Trend:Increase 196.41% than previous quarter

Overall: increasing (126.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 138.48 (%).Trend:Decrease 56.24% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 89.96 (%).Trend:Decrease 35.04% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 219.25 (%).Trend:Increase 143.72% than previous quarter

Overall: increasing (58.33%). 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 -287.34 (%).Trend:Decrease 48.1% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -205.6 (%).Trend:Decrease 28.45% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -728.42 (%).Trend:Increase 254.29% than previous quarter

Overall: decreasing (153.5%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.28 (%).Trend:Increase 1.16% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.13 (%).Trend:Decrease 0.45% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.13 (%).Trend:Increase 6.04% than previous quarter

Overall: increasing (5.56%). 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 -133.45 (%).Trend:Increase 14.77% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -143.84 (%).Trend:Increase 7.79% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -201.98 (%).Trend:Increase 40.42% than previous quarter

Overall: decreasing (51.35%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -1.17 (USD).Trend:Increase 91.8% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.66 (USD).Trend:Increase 41.88% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.83 (USD).Trend:Decrease 50.0% than previous quarter

Overall: increasing (-29.06%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 displays substantial fluctuation.  Liability-to-revenue ratio is increasing, but current assets-to-revenue is only slightly up.  Cost efficiency shows a significant negative trend for the retained earnings-to-revenue ratio.  SG&A expense ratio displays a consistent, slightly positive increase.  Investment efficiency shows significant declines in retained earnings on assets. Earnings per share exhibit fluctuating declines.  The high variability signals significant concerns that need urgent investigation.