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 37.02 (%).Trend:Decrease 50.59% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.9 (%).Trend:Decrease 19.23% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 101.05 (%).Trend:Increase 237.96% than previous quarter

Overall: increasing (172.96%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 221.99 (%).Trend:Decrease 52.29% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 143.67 (%).Trend:Decrease 35.28% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 447.46 (%).Trend:Increase 211.45% than previous quarter

Overall: increasing (101.57%). 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 -176.61 (%).Trend:Decrease 52.15% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -122.84 (%).Trend:Decrease 30.45% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -503.63 (%).Trend:Increase 309.99% than previous quarter

Overall: decreasing (185.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.91 (%).Trend:Decrease 1.78% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.98 (%).Trend:Increase 0.17% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 53.02 (%).Trend:Increase 29.38% than previous quarter

Overall: increasing (29.6%). 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 -64.09 (%).Trend:Increase 0.22% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -68.1 (%).Trend:Increase 6.26% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -89.41 (%).Trend:Increase 31.29% than previous quarter

Overall: decreasing (39.51%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.47 (USD).Trend:Increase 104.35% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.0 (USD).Trend:Increase 112.77% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (112.77%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2022 to Q1 2023 reveals significant fluctuations. Liabilities on revenue increased by 172.96%, and current assets on revenue increased by 101.57%, both showing significant variation.  The ratio of retained earnings to revenue decreased significantly (185.17%). The SG&A expense ratio increased by 29.6%, demonstrating moderate variation.  Retained earnings on assets decreased by 39.51% with significant fluctuation, while earnings per share decreased significantly (112.77%).