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 93.18 (%).Trend:Decrease 77.22% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 45.35 (%).Trend:Decrease 51.33% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 195.02 (%).Trend:Increase 330.03% than previous quarter

Overall: increasing (109.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 257.9 (%).Trend:Decrease 68.74% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 173.35 (%).Trend:Decrease 32.78% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1769.08 (%).Trend:Increase 920.52% than previous quarter

Overall: increasing (585.96%). 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 -284.98 (%).Trend:Decrease 72.57% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -184.31 (%).Trend:Decrease 35.33% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2021.37 (%).Trend:Increase 996.72% than previous quarter

Overall: decreasing (609.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.45 (%).Trend:Decrease 34.62% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.65 (%).Trend:Increase 1.08% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 77.88 (%).Trend:Increase 317.59% than previous quarter

Overall: increasing (322.11%). Fluctuation: **Significant** (high 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 -103.2 (%).Trend:Decrease 12.1% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -99.26 (%).Trend:Decrease 3.82% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -97.79 (%).Trend:Decrease 1.48% than previous quarter

Overall: increasing (-5.24%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statement analysis from Q2 2022 to Q1 2023 shows substantial volatility.  Working capital efficiency shows increasing trends for both liabilities and current assets on revenue, though with high fluctuations between quarters.  Cost efficiency reveals increasing SG&A expense ratios, significant variation in the ratio of retained earnings to revenue, and an overall decreasing trend.  Investment efficiency shows a decreasing retained earnings on assets trend, though with considerable fluctuations.