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 40.16 (%).Trend:Decrease 51.05% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.44 (%).Trend:Decrease 31.67% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 73.95 (%).Trend:Increase 169.5% than previous quarter

Overall: increasing (84.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 12.93 (%).Trend:Decrease 45.65% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 8.3 (%).Trend:Decrease 35.81% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 19.91 (%).Trend:Increase 139.88% than previous quarter

Overall: increasing (53.98%). 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 -32.38 (%).Trend:Decrease 41.78% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -22.14 (%).Trend:Decrease 31.62% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -51.05 (%).Trend:Increase 130.58% than previous quarter

Overall: decreasing (57.66%). 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 -22.72 (%).Trend:Increase 14.75% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -22.84 (%).Trend:Increase 0.53% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -19.66 (%).Trend:Decrease 13.92% than previous quarter

Overall: increasing (-13.47%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.13 (USD).Trend:Decrease 84.71% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.49 (USD).Trend:Increase 276.92% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.02 (USD).Trend:Increase 108.16% than previous quarter

Overall: increasing (684.62%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 displays significant volatility. Liabilities on revenue increased, but with large quarter-to-quarter fluctuations.  Current assets on revenue also increased overall, but with large variations. Cost efficiency, indicated by the ratio of retained earnings to revenue, decreased, although fluctuating across quarters. Investment efficiency, represented by retained earnings on assets, showed a net increase. Earnings per share showed a net increase overall with substantial quarter-to-quarter differences. The data reveal a dynamic financial environment with substantial fluctuations in performance.