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 35.4 (%).Trend:Decrease 44.28% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.77 (%).Trend:Decrease 32.85% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 66.82 (%).Trend:Increase 181.11% than previous quarter

Overall: increasing (88.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 129.58 (%).Trend:Decrease 51.59% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 87.59 (%).Trend:Decrease 32.4% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 254.91 (%).Trend:Increase 191.03% than previous quarter

Overall: increasing (96.72%). 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 -194.95 (%).Trend:Decrease 50.77% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -133.05 (%).Trend:Decrease 31.75% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -356.27 (%).Trend:Increase 167.77% than previous quarter

Overall: decreasing (82.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 74.48 (%).Trend:Decrease 1.02% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 72.53 (%).Trend:Decrease 2.62% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 64.24 (%).Trend:Decrease 11.43% than previous quarter

Overall: decreasing (-13.75%). Fluctuation: **Little** (low 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 -52.81 (%).Trend:Increase 4.59% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -55.41 (%).Trend:Increase 4.92% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -57.12 (%).Trend:Increase 3.09% than previous quarter

Overall: decreasing (8.16%). Fluctuation: **Significant** (high variation).

Earning Per Share


The period from Q2 2022 to Q1 2023 shows significant increases in both liabilities (88.76%) and current assets (96.72%) on revenue, indicating substantial fluctuations. Cost efficiency shows a considerable decrease in the ratio of retained earnings to revenue (-82.75%), despite a decrease in the SG&A expense ratio (-13.75%). Investment efficiency indicates a decline in retained earnings on assets (-8.16%), highlighting significant variability and the need for a thorough financial review.