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 218.37 (%).Trend:Decrease 47.99% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 145.34 (%).Trend:Decrease 33.44% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 392.48 (%).Trend:Increase 170.04% than previous quarter

Overall: increasing (79.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 670.11 (%).Trend:Decrease 56.6% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 462.05 (%).Trend:Decrease 31.05% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1030.07 (%).Trend:Increase 122.93% than previous quarter

Overall: increasing (53.72%). 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 -3263.08 (%).Trend:Decrease 47.16% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -2267.24 (%).Trend:Decrease 30.52% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -5761.66 (%).Trend:Increase 154.13% than previous quarter

Overall: decreasing (76.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 159.22 (%).Trend:Decrease 1.28% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 149.93 (%).Trend:Decrease 5.83% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 122.9 (%).Trend:Decrease 18.03% than previous quarter

Overall: decreasing (-22.81%). 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 -404.45 (%).Trend:Increase 19.22% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -410.63 (%).Trend:Increase 1.53% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -556.65 (%).Trend:Increase 35.56% than previous quarter

Overall: decreasing (37.63%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q2 2022 to Q1 2023, liabilities and current assets on revenue increased significantly, suggesting improved working capital. However, the ratio of retained earnings to revenue decreased sharply despite a consistent decrease in SG&A expense. Retained earnings on assets also declined substantially.  Significant fluctuations were observed across all metrics.  Earning Per Share data is missing.