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 31.9 (%).Trend:Decrease 59.29% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.2 (%).Trend:Decrease 30.41% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 99.16 (%).Trend:Increase 346.67% than previous quarter

Overall: increasing (210.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 23.36 (%).Trend:Decrease 58.57% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 13.64 (%).Trend:Decrease 41.61% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 60.99 (%).Trend:Increase 347.14% than previous quarter

Overall: increasing (161.09%). 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 -8.91 (%).Trend:Decrease 83.95% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 2.58 (%).Trend:Decrease 128.96% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 50.84 (%).Trend:Increase 1870.54% than previous quarter

Overall: increasing (-670.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.46 (%).Trend:Decrease 3.31% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.44 (%).Trend:Decrease 1.37% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.1 (%).Trend:Increase 45.83% than previous quarter

Overall: increasing (43.84%). 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 -1.95 (%).Trend:Decrease 65.67% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 0.82 (%).Trend:Decrease 142.05% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 3.51 (%).Trend:Increase 328.05% than previous quarter

Overall: increasing (-280.0%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 12.3 (USD).Trend:Increase 180.18% than previous quarter
Year 2022 Quarter 3: Earning Per Share 18.99 (USD).Trend:Increase 54.39% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.88 (USD).Trend:Decrease 79.57% than previous quarter

Overall: decreasing (-68.46%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2022 to Q1 2023 show substantial volatility. Working capital efficiency, measured by liabilities and current assets on revenue, both increased significantly in Q1 2023 after substantial declines. Cost efficiency shows a remarkable increase in the ratio of retained earnings to revenue, while the SG&A expense ratio displays neutral volatility.  Investment efficiency shows a significant increase in retained earnings on assets. Earning per share decreased in Q1 2023, yet shows a significant increase from Q2-Q3 2022.