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 37.87 (%).Trend:Decrease 57.33% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26.57 (%).Trend:Decrease 29.84% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 113.41 (%).Trend:Increase 326.83% than previous quarter

Overall: increasing (199.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 201.32 (%).Trend:Decrease 57.35% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 128.46 (%).Trend:Decrease 36.19% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 506.64 (%).Trend:Increase 294.4% than previous quarter

Overall: increasing (151.66%). 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 32.94 (%).Trend:Decrease 59.68% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 17.02 (%).Trend:Decrease 48.33% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -62.36 (%).Trend:Decrease 466.39% than previous quarter

Overall: decreasing (-289.31%). 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 10.98 (%).Trend:Decrease 5.34% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 8.97 (%).Trend:Decrease 18.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -9.04 (%).Trend:Decrease 200.78% than previous quarter

Overall: decreasing (-182.33%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.77 (USD).Trend:Increase 24.19% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.19 (USD).Trend:Increase 54.55% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.88 (USD).Trend:Decrease 26.05% than previous quarter

Overall: decreasing (14.29%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, liabilities and current assets on revenue increased significantly, despite high volatility.  Conversely, the ratio of retained earnings to revenue and retained earnings on assets decreased dramatically. Earnings per share decreased moderately.