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 96.61 (%).Trend:Decrease 45.8% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 50.35 (%).Trend:Decrease 47.88% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 205.66 (%).Trend:Increase 308.46% than previous quarter

Overall: increasing (112.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 196.91 (%).Trend:Decrease 50.54% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 115.03 (%).Trend:Decrease 41.58% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 387.87 (%).Trend:Increase 237.19% than previous quarter

Overall: increasing (96.98%). 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 35.05 (%).Trend:Decrease 55.64% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 23.11 (%).Trend:Decrease 34.07% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 50.67 (%).Trend:Increase 119.26% than previous quarter

Overall: increasing (44.56%). 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 9.11 (%).Trend:Increase 4.35% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 10.25 (%).Trend:Increase 12.51% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 7.0 (%).Trend:Decrease 31.71% than previous quarter

Overall: decreasing (-23.16%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.02 (USD).Trend:Decrease 91.67% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.16 (USD).Trend:Decrease 900.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.52 (USD).Trend:Decrease 425.0% than previous quarter

Overall: decreasing (2500.0%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2022 to Q1 2023 reveals significant fluctuations.  Liabilities on revenue and current assets on revenue increased (112.88% and 96.98% respectively) with high variation. The ratio of retained earnings to revenue also increased (44.56%) with significant fluctuation. However, retained earnings on assets decreased (-23.16%) with moderate variation.  Earnings per share significantly decreased (2500.0%) with high variation.