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 391.71 (%).Trend:Decrease 47.88% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 228.8 (%).Trend:Decrease 41.59% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 754.78 (%).Trend:Increase 229.89% than previous quarter

Overall: increasing (92.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 446.28 (%).Trend:Decrease 47.82% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 268.69 (%).Trend:Decrease 39.79% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 873.57 (%).Trend:Increase 225.12% than previous quarter

Overall: increasing (95.74%). 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 -181.35 (%).Trend:Decrease 51.23% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -121.59 (%).Trend:Decrease 32.95% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -479.07 (%).Trend:Increase 294.0% than previous quarter

Overall: decreasing (164.17%). 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 -17.69 (%).Trend:Increase 1.61% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -19.31 (%).Trend:Increase 9.16% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -25.66 (%).Trend:Increase 32.88% than previous quarter

Overall: decreasing (45.05%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.53 (USD).Trend:Increase 55.88% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.71 (USD).Trend:Increase 33.96% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.73 (USD).Trend:Increase 2.82% than previous quarter

Overall: decreasing (37.74%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 reveals substantial volatility. Liabilities and current assets on revenue increased, yet with considerable quarter-to-quarter variation. The ratio of retained earnings to revenue decreased sharply, with high fluctuations.  Investment efficiency and earnings per share also exhibit decreasing trends but considerable quarterly changes. This instability calls for a comprehensive review of underlying performance issues.