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 36.9 (%).Trend:Decrease 42.14% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.57 (%).Trend:Decrease 38.83% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 78.21 (%).Trend:Increase 246.52% than previous quarter

Overall: increasing (111.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 129.99 (%).Trend:Decrease 47.62% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 83.5 (%).Trend:Decrease 35.76% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 285.33 (%).Trend:Increase 241.71% than previous quarter

Overall: increasing (119.5%). 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 4.04 (%).Trend:Decrease 37.65% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 2.88 (%).Trend:Decrease 28.71% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -12.53 (%).Trend:Decrease 535.07% than previous quarter

Overall: decreasing (-410.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.17 (%).Trend:Decrease 2.31% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.13 (%).Trend:Decrease 0.39% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.62 (%).Trend:Increase 34.45% than previous quarter

Overall: increasing (33.92%). Fluctuation: **Neutral** (moderate 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 2.36 (%).Trend:Increase 21.65% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 2.62 (%).Trend:Increase 11.02% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -3.62 (%).Trend:Decrease 238.17% than previous quarter

Overall: decreasing (-253.39%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.05 (USD).Trend:Increase 66.67% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.05 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.02 (USD).Trend:Decrease 140.0% than previous quarter

Overall: decreasing (-140.0%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, Liabilities on Revenue and Current Assets on Revenue increased significantly (111.95% and 119.5% respectively), while the Ratio of Retained Earnings to Revenue and Retained Earning on Assets decreased significantly (-410.15% and -253.39% respectively). Earning Per Share also decreased significantly (-140.0%). SG&A Expense Ratio showed a moderate increase (33.92%). All metrics except SG&A showed significant fluctuations.