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 81.53 (%).Trend:Decrease 51.69% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 56.21 (%).Trend:Decrease 31.06% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 164.32 (%).Trend:Increase 192.33% than previous quarter

Overall: increasing (101.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 87.91 (%).Trend:Decrease 51.58% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 59.61 (%).Trend:Decrease 32.19% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 178.2 (%).Trend:Increase 198.94% than previous quarter

Overall: increasing (102.71%). 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 -10.91 (%).Trend:Decrease 47.35% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -7.52 (%).Trend:Decrease 31.07% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -20.37 (%).Trend:Increase 170.88% than previous quarter

Overall: decreasing (86.71%). 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 -6.31 (%).Trend:Increase 6.59% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -6.5 (%).Trend:Increase 3.01% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -6.04 (%).Trend:Decrease 7.08% than previous quarter

Overall: increasing (-4.28%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis from Q2 2022 to Q1 2023 shows high volatility across key metrics. Liabilities on revenue saw an increase in Q1 2023 after significant decreases in the preceding quarters.  Current assets on revenue follow a similar pattern.  Cost efficiency, measured by the ratio of retained earnings to revenue, exhibits a general decreasing trend.  Investment efficiency, as measured by retained earnings on assets, also shows fluctuation. Earnings per share are not provided.