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 statements from Q2 2022 to Q1 2023 reveal significant fluctuations across various metrics. Liabilities and current assets on revenue show increases overall but with substantial variability. The ratio of retained earnings to revenue increased overall but demonstrates considerable variation. SG&A expenses show a consistent decrease.  Retained earnings on assets exhibit a slight overall decrease with little fluctuation. Earnings per share show an increase overall but demonstrate significant volatility.