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 166.67 (%).Trend:Decrease 29.59% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 88.2 (%).Trend:Decrease 47.08% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 178.23 (%).Trend:Increase 102.07% than previous quarter

Overall: increasing (6.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 1235.45 (%).Trend:Decrease 22.83% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 634.88 (%).Trend:Decrease 48.61% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1415.91 (%).Trend:Increase 123.02% than previous quarter

Overall: increasing (14.61%). 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 -2773.18 (%).Trend:Decrease 32.48% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -1495.9 (%).Trend:Decrease 46.06% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -3848.07 (%).Trend:Increase 157.24% than previous quarter

Overall: decreasing (38.76%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 104.19 (%).Trend:Decrease 10.38% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 70.5 (%).Trend:Decrease 32.34% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 40.48 (%).Trend:Decrease 42.58% than previous quarter

Overall: decreasing (-61.15%). Fluctuation: **Significant** (high 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 -141.2 (%).Trend:Decrease 7.59% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -144.59 (%).Trend:Increase 2.4% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -159.86 (%).Trend:Increase 10.56% than previous quarter

Overall: decreasing (13.22%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.2 (USD).Trend:Increase 81.82% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.27 (USD).Trend:Increase 35.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 81.48% than previous quarter

Overall: increasing (-75.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2022 to Q1 2023 show a mixed performance. Liabilities on revenue trended upward, contrary to the previous period's decline.  Current assets on revenue increased from the previous quarter's low. Cost efficiency metrics revealed a continuous decline in the SG&A ratio, while the ratio of retained earnings to revenue decreased but with significant upward fluctuation. Investment efficiency shows a downward trend in retained earnings on assets, with high volatility, as does earnings per share. Overall performance remains variable.