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 20.13 (%).Trend:Decrease 43.5% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 14.53 (%).Trend:Decrease 27.82% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 47.75 (%).Trend:Increase 228.63% than previous quarter

Overall: increasing (137.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 84.47 (%).Trend:Decrease 42.15% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 58.03 (%).Trend:Decrease 31.3% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 180.68 (%).Trend:Increase 211.36% than previous quarter

Overall: increasing (113.9%). 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 -8.05 (%).Trend:Decrease 77.57% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -4.83 (%).Trend:Decrease 40.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -88.68 (%).Trend:Increase 1736.02% than previous quarter

Overall: decreasing (1001.61%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.76 (%).Trend:Increase 20.2% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.16 (%).Trend:Increase 8.4% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.07 (%).Trend:Increase 37.02% than previous quarter

Overall: increasing (48.53%). 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 -2.16 (%).Trend:Decrease 60.0% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -1.4 (%).Trend:Decrease 35.19% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -6.54 (%).Trend:Increase 367.14% than previous quarter

Overall: decreasing (202.78%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial statements from Q2 2022 to Q1 2023 show significant volatility in key metrics. Liabilities and current assets on revenue exhibit considerable increases in the first quarter of 2023, after a period of decrease.  The ratio of retained earnings to revenue shows a large decrease in Q1 2023, following a period of decrease in the prior quarters.  The SG&A expense ratio increased throughout the period, with moderate variation. Investment efficiency reveals considerable volatility in retained earnings on assets.