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 65.47 (%).Trend:Decrease 55.4% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 41.57 (%).Trend:Decrease 36.51% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 179.37 (%).Trend:Increase 331.49% than previous quarter

Overall: increasing (173.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 80.93 (%).Trend:Decrease 52.9% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.7 (%).Trend:Decrease 33.65% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 211.0 (%).Trend:Increase 292.92% than previous quarter

Overall: increasing (160.72%). 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 -3.56 (%).Trend:Decrease 67.4% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -0.46 (%).Trend:Decrease 87.08% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -6.66 (%).Trend:Increase 1347.83% than previous quarter

Overall: decreasing (87.08%). 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 -2.83 (%).Trend:Decrease 31.81% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -0.55 (%).Trend:Decrease 80.57% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -2.22 (%).Trend:Increase 303.64% than previous quarter

Overall: increasing (-21.55%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 3.62 (USD).Trend:Increase 62.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.85 (USD).Trend:Increase 33.98% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.18 (USD).Trend:Decrease 55.05% than previous quarter

Overall: decreasing (-39.78%). Fluctuation: **Significant** (high variation).



Financial analysis of Q2 2022 to Q1 2023 shows significant fluctuations. Liabilities and current assets on revenue increased, although with marked quarterly changes. Cost efficiency, represented by the retained earnings-to-revenue ratio, showed a net decline. Invest efficiency also trended downwards.  Earnings per share, however, decreased, despite quarterly gains.  The data demonstrates a period of high variability in financial performance.