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 18.68 (%).Trend:Decrease 45.98% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 10.88 (%).Trend:Decrease 41.76% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 53.46 (%).Trend:Increase 391.36% than previous quarter

Overall: increasing (186.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 66.84 (%).Trend:Decrease 49.74% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 44.13 (%).Trend:Decrease 33.98% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 234.18 (%).Trend:Increase 430.66% than previous quarter

Overall: increasing (250.36%). 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 6.03 (%).Trend:Decrease 61.35% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 11.97 (%).Trend:Increase 98.51% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 146.22 (%).Trend:Increase 1121.55% than previous quarter

Overall: increasing (2324.88%). 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 5.63 (%).Trend:Decrease 20.7% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 16.67 (%).Trend:Increase 196.09% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 32.25 (%).Trend:Increase 93.46% than previous quarter

Overall: increasing (472.82%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.61 (USD).Trend:Increase 15.09% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.29 (USD).Trend:Decrease 147.54% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.14 (USD).Trend:Decrease 51.72% than previous quarter

Overall: increasing (-122.95%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows significant fluctuations.  Liabilities on revenue initially decreased, then spiked dramatically in Q1 2023, while current assets on revenue also displayed similar substantial increases and decreases. The ratio of retained earnings to revenue saw a massive increase in Q1 2023, indicating potentially strong cost efficiency, although again with very high quarterly variation.  Investment efficiency, measured by retained earnings on assets, increased consistently, albeit with notable quarter-to-quarter changes.  Earnings per share remained negative in Q2 2022 and Q1 2023, before slightly improving in Q1 2023, exhibiting high volatility throughout the period.