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 33.85 (%).Trend:Decrease 55.95% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.54 (%).Trend:Decrease 24.55% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 74.44 (%).Trend:Increase 191.46% than previous quarter

Overall: increasing (119.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 365.74 (%).Trend:Decrease 40.67% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 183.65 (%).Trend:Decrease 49.79% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 339.81 (%).Trend:Increase 85.03% than previous quarter

Overall: decreasing (-7.09%). 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 -81.61 (%).Trend:Decrease 50.2% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -12.89 (%).Trend:Decrease 84.21% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -36.44 (%).Trend:Increase 182.7% than previous quarter

Overall: increasing (-55.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -12.2 (%).Trend:Decrease 2.01% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -3.02 (%).Trend:Decrease 75.25% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -2.89 (%).Trend:Decrease 4.3% than previous quarter

Overall: increasing (-76.31%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.1 (USD).Trend:Increase 150.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.07 (USD).Trend:Increase 1970.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.02 (USD).Trend:Decrease 99.03% than previous quarter

Overall: decreasing (-80.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 show significant instability. Liabilities on revenue demonstrate an increase, but quarter-to-quarter variations are large. Current assets on revenue are decreasing with fluctuations. Cost efficiency, measured by the ratio of retained earnings to revenue, increases, but with notable variations. Invest efficiency also shows an increasing trend with significant changes. Earnings per share show a substantial decrease and considerable fluctuations. Overall, the financial health displays high volatility, posing substantial risk.