Working Capital Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 2: Liabilities on Revenue 57.03 (%).Trend:Decrease 65.13% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 37.89 (%).Trend:Decrease 33.56% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 141.91 (%).Trend:Increase 274.53% than previous quarter

Overall: increasing (148.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 71.84 (%).Trend:Decrease 49.35% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 46.22 (%).Trend:Decrease 35.66% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 152.16 (%).Trend:Increase 229.21% than previous quarter

Overall: increasing (111.8%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue -13.32 (%).Trend:Decrease 39.43% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -8.79 (%).Trend:Decrease 34.01% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -23.76 (%).Trend:Increase 170.31% than previous quarter

Overall: decreasing (78.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 2: Retained Earning on Assets -9.55 (%).Trend:Increase 20.43% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -9.56 (%).Trend:Increase 0.1% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -7.65 (%).Trend:Decrease 19.98% than previous quarter

Overall: increasing (-19.9%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.68 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.69 (USD).Trend:Increase 1.47% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 91.3% than previous quarter

Overall: increasing (-91.18%). Fluctuation: **Significant** (high variation).



Both datasets show significant fluctuations in key financial metrics.  Liabilities on Revenue and Current Assets on Revenue experienced substantial increases across both periods (2021-2022 and 2022-2023).  Conversely, the Ratio of Retained Earnings to Revenue consistently decreased.  Retained Earnings on Assets and Earnings Per Share demonstrated significant variability, highlighting considerable risk and requiring further investigation.