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 37.97 (%).Trend:Decrease 47.34% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 28.15 (%).Trend:Decrease 25.86% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 68.91 (%).Trend:Increase 144.8% than previous quarter

Overall: increasing (81.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 151.06 (%).Trend:Decrease 51.99% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 100.23 (%).Trend:Decrease 33.65% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 152.31 (%).Trend:Increase 51.96% than previous quarter

Overall: increasing (0.83%). Fluctuation: **Neutral** (moderate 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 -30.31 (%).Trend:Decrease 46.86% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -19.7 (%).Trend:Decrease 35.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -32.6 (%).Trend:Increase 65.48% than previous quarter

Overall: decreasing (7.56%). 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 -7.93 (%).Trend:Increase 11.53% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -8.13 (%).Trend:Increase 2.52% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -5.22 (%).Trend:Decrease 35.79% than previous quarter

Overall: increasing (-34.17%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.52 (USD).Trend:Increase 92.59% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.55 (USD).Trend:Increase 5.77% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.14 (USD).Trend:Decrease 125.45% than previous quarter

Overall: increasing (-126.92%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2022 to Q1 2023 reveals significant fluctuations. Liabilities on revenue increased overall, while current assets on revenue showed a slight increase. The ratio of retained earnings to revenue decreased, although earnings per share showed an overall increase. Retained earnings on assets also increased, however, all metrics showed substantial quarter-to-quarter variation.  This period highlights financial instability.