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 32.99 (%).Trend:Decrease 57.88% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.13 (%).Trend:Decrease 29.89% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 77.45 (%).Trend:Increase 234.85% than previous quarter

Overall: increasing (134.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 57.0 (%).Trend:Decrease 55.43% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 39.47 (%).Trend:Decrease 30.75% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 146.06 (%).Trend:Increase 270.05% than previous quarter

Overall: increasing (156.25%). 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 -5.37 (%).Trend:Decrease 53.75% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -4.38 (%).Trend:Decrease 18.44% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -15.91 (%).Trend:Increase 263.24% than previous quarter

Overall: decreasing (196.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.05 (%).Trend:Decrease 4.26% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.02 (%).Trend:Decrease 0.74% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.1 (%).Trend:Increase 26.87% than previous quarter

Overall: increasing (25.93%). Fluctuation: **Neutral** (moderate 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 -4.13 (%).Trend:Increase 2.48% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -5.06 (%).Trend:Increase 22.52% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -5.07 (%).Trend:Increase 0.2% than previous quarter

Overall: decreasing (22.76%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.11 (USD).Trend:Increase 175.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.25 (USD).Trend:Decrease 327.27% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.49 (USD).Trend:Increase 96.0% than previous quarter

Overall: decreasing (-545.45%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2022 to Q1 2023 financial data reveals significant fluctuations. Liabilities and current assets on revenue are increasing, but with substantial quarter-over-quarter variability. The ratio of retained earnings to revenue is decreasing, with notable quarter-to-quarter volatility. SG&A expenses are increasing. Investment efficiency (retained earnings on assets) and EPS display substantial fluctuations, demanding thorough investigation.