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 46.76 (%).Trend:Decrease 53.01% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.8 (%).Trend:Decrease 36.27% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 94.26 (%).Trend:Increase 216.31% than previous quarter

Overall: increasing (101.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 55.86 (%).Trend:Decrease 51.29% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 32.22 (%).Trend:Decrease 42.32% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 111.43 (%).Trend:Increase 245.84% than previous quarter

Overall: increasing (99.48%). 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 -22.97 (%).Trend:Decrease 56.56% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -14.9 (%).Trend:Decrease 35.13% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -51.49 (%).Trend:Increase 245.57% than previous quarter

Overall: decreasing (124.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.36 (%).Trend:Decrease 1.83% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.42 (%).Trend:Increase 0.49% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.04 (%).Trend:Increase 13.04% than previous quarter

Overall: increasing (13.59%). 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 -14.68 (%).Trend:Decrease 7.61% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -14.58 (%).Trend:Decrease 0.68% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -15.2 (%).Trend:Increase 4.25% than previous quarter

Overall: decreasing (3.54%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.63 (USD).Trend:Increase 215.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.74 (USD).Trend:Increase 17.46% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.34 (USD).Trend:Decrease 145.95% than previous quarter

Overall: decreasing (-153.97%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 show significant fluctuations. Liabilities and current assets on revenue show substantial increases in Q1 2023 after large declines in previous quarters.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows significant decreases, followed by dramatic increases in Q1 2023.  SG&A expense ratio displays a slight upward trend.  Invest efficiency (retained earnings on assets) maintains a negative trend. Earnings per share dropped substantially in Q1 2023.