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 56.4 (%).Trend:Decrease 51.01% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 36.23 (%).Trend:Decrease 35.76% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 93.88 (%).Trend:Increase 159.12% than previous quarter

Overall: increasing (66.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 129.15 (%).Trend:Decrease 48.21% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 85.8 (%).Trend:Decrease 33.57% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 247.51 (%).Trend:Increase 188.47% than previous quarter

Overall: increasing (91.65%). 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 23.97 (%).Trend:Decrease 54.53% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 15.63 (%).Trend:Decrease 34.79% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 41.3 (%).Trend:Increase 164.24% than previous quarter

Overall: increasing (72.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 52.88 (%).Trend:Increase 1.54% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 49.99 (%).Trend:Decrease 5.47% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 58.72 (%).Trend:Increase 17.46% than previous quarter

Overall: increasing (11.04%). 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 13.95 (%).Trend:Decrease 10.92% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 14.06 (%).Trend:Increase 0.79% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 12.36 (%).Trend:Decrease 12.09% than previous quarter

Overall: decreasing (-11.4%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.78 (USD).Trend:Increase 90.24% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.67 (USD).Trend:Decrease 14.1% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.8 (USD).Trend:Increase 19.4% than previous quarter

Overall: decreasing (2.56%). Fluctuation: **Significant** (high variation).



Between Q2 2022 and Q1 2023, Liabilities on Revenue and Current Assets on Revenue increased significantly (66.45% and 91.65% respectively), showing significant fluctuation.  The Ratio of Retained Earnings to Revenue also increased significantly (72.3%), while the SG&A Expense Ratio showed a smaller increase (11.04%). Retained Earning on Assets decreased slightly (-11.4%) with low variation.  Earnings Per Share decreased slightly (-2.56%) with significant fluctuation.