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 37.56 (%).Trend:Decrease 56.2% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 49.8 (%).Trend:Increase 32.59% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 78.58 (%).Trend:Increase 57.79% than previous quarter

Overall: increasing (109.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 133.27 (%).Trend:Decrease 54.16% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 109.99 (%).Trend:Decrease 17.47% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 220.21 (%).Trend:Increase 100.21% than previous quarter

Overall: increasing (65.24%). 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 157.67 (%).Trend:Decrease 52.06% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 95.73 (%).Trend:Decrease 39.28% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 228.4 (%).Trend:Increase 138.59% than previous quarter

Overall: increasing (44.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.35 (%).Trend:Decrease 0.7% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.0 (%).Trend:Decrease 11.89% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.89 (%).Trend:Decrease 11.1% than previous quarter

Overall: decreasing (-21.67%). 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 42.9 (%).Trend:Decrease 0.39% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 37.71 (%).Trend:Decrease 12.1% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 40.62 (%).Trend:Increase 7.72% than previous quarter

Overall: decreasing (-5.31%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.91 (USD).Trend:Increase 193.55% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.07 (USD).Trend:Increase 17.58% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 86.92% than previous quarter

Overall: increasing (-84.62%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows a mixed trend with notable fluctuations. Liabilities and current assets on revenue exhibited increases overall, but with significant quarter-to-quarter variability.  The ratio of retained earnings to revenue shows an overall increase, despite considerable fluctuations.  SG&A expenses demonstrate a steady downward trend. Retained earnings on assets decline slightly with very minor fluctuations.  Earnings per share shows an overall increasing trend, though volatility is substantial.