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 94.87 (%).Trend:Decrease 49.83% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 62.06 (%).Trend:Decrease 34.58% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 203.25 (%).Trend:Increase 227.51% than previous quarter

Overall: increasing (114.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 143.69 (%).Trend:Decrease 52.76% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 93.99 (%).Trend:Decrease 34.59% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 269.17 (%).Trend:Increase 186.38% than previous quarter

Overall: increasing (87.33%). 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 -110.57 (%).Trend:Decrease 47.01% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -71.75 (%).Trend:Decrease 35.11% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -178.18 (%).Trend:Increase 148.33% than previous quarter

Overall: decreasing (61.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.6 (%).Trend:Decrease 1.87% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.23 (%).Trend:Decrease 2.94% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.46 (%).Trend:Decrease 6.3% than previous quarter

Overall: decreasing (-9.05%). Fluctuation: **Little** (low 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 -32.37 (%).Trend:Increase 12.28% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -33.0 (%).Trend:Increase 1.95% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -29.07 (%).Trend:Decrease 11.91% than previous quarter

Overall: increasing (-10.19%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.79 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.8 (USD).Trend:Increase 1.27% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.57 (USD).Trend:Decrease 171.25% than previous quarter

Overall: increasing (-172.15%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2022 to Q1 2023 reveal a mixed picture of financial performance. Liabilities on revenue are increasing, with substantial volatility, while current assets on revenue also show an increasing trend with significant fluctuation. The retained earnings-to-revenue ratio is decreasing overall, but with significant volatility.  The SG&A expense ratio demonstrates a modest decline with little variation. Retained earnings on assets show a pattern of increasing negativity (again, classified as increasing) with considerable quarter-to-quarter fluctuations. Earnings per share are also quite volatile, increasing initially, but decreasing to a negative figure in Q1 2023.