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 116.06 (%).Trend:Decrease 41.12% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 98.82 (%).Trend:Decrease 14.85% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 362.7 (%).Trend:Increase 267.03% than previous quarter

Overall: increasing (212.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 170.37 (%).Trend:Decrease 50.91% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 102.94 (%).Trend:Decrease 39.58% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 392.55 (%).Trend:Increase 281.34% than previous quarter

Overall: increasing (130.41%). 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 -1121.28 (%).Trend:Decrease 49.05% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -807.76 (%).Trend:Decrease 27.96% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -2722.64 (%).Trend:Increase 237.06% than previous quarter

Overall: decreasing (142.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 112.03 (%).Trend:Increase 5.57% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 111.0 (%).Trend:Decrease 0.92% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 66.96 (%).Trend:Decrease 39.68% than previous quarter

Overall: decreasing (-40.23%). 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 -508.47 (%).Trend:Increase 6.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -576.44 (%).Trend:Increase 13.37% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -494.64 (%).Trend:Decrease 14.19% than previous quarter

Overall: increasing (-2.72%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.68 (USD).Trend:Increase 112.5% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.9 (USD).Trend:Increase 32.35% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 116.67% than previous quarter

Overall: increasing (-122.06%). Fluctuation: **Significant** (high variation).



The period from Q2 2022 to Q1 2023 shows high variability. Liabilities and current assets on revenue increased significantly (212.51% and 130.41% respectively). Ratio of retained earnings to revenue decreased dramatically (-142.82%). The SG&A expense ratio decreased noticeably (-40.23%), showing some improvement. Retained earnings on assets increased slightly (-2.72%), and earnings per share showed a substantial increase (-122.06%),  again highlighting significant volatility.