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 61.77 (%).Trend:Decrease 47.78% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 78.72 (%).Trend:Increase 27.44% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 161.22 (%).Trend:Increase 104.8% than previous quarter

Overall: increasing (161.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 132.25 (%).Trend:Decrease 49.19% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 131.22 (%).Trend:Decrease 0.78% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 272.85 (%).Trend:Increase 107.93% than previous quarter

Overall: increasing (106.31%). 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 224.1 (%).Trend:Decrease 52.84% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 4.73 (%).Trend:Decrease 97.89% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 2.47 (%).Trend:Decrease 47.78% than previous quarter

Overall: decreasing (-98.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.08 (%).Trend:Decrease 5.37% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.58 (%).Trend:Increase 14.64% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.81 (%).Trend:Increase 6.28% than previous quarter

Overall: increasing (21.84%). Fluctuation: **Little** (low 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 121.93 (%).Trend:Decrease 2.17% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 1.72 (%).Trend:Decrease 98.59% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 0.41 (%).Trend:Decrease 76.16% than previous quarter

Overall: decreasing (-99.66%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.02 (USD).Trend:Decrease 200.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.72 (USD).Trend:Decrease 3700.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.44 (USD).Trend:Decrease 38.89% than previous quarter

Overall: decreasing (-2300.0%). Fluctuation: **Significant** (high variation).



Financial Statement Response 1 (Q2 2022-Q1 2023) showcases highly variable financial performance. Liabilities on revenue rose substantially, then dropped before rising again, signaling significant instability in working capital. Similarly, current assets on revenue increased and decreased dramatically.  Cost efficiency demonstrates substantial volatility, with the retained earnings-to-revenue ratio plunging significantly.  Selling, general, and administrative (SG&A) expenses demonstrate a small, steady increase. Investment efficiency is severely impacted by large decreases in retained earnings on assets, suggesting potential liquidity or profitability issues.  Earnings per share consistently decline. These fluctuations indicate ongoing financial challenges.