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 33.92 (%).Trend:Decrease 50.98% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.94 (%).Trend:Decrease 29.42% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 72.69 (%).Trend:Increase 203.63% than previous quarter

Overall: increasing (114.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 64.93 (%).Trend:Decrease 48.9% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 44.44 (%).Trend:Decrease 31.56% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 117.75 (%).Trend:Increase 164.96% than previous quarter

Overall: increasing (81.35%). 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 -9.65 (%).Trend:Decrease 29.56% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -5.8 (%).Trend:Decrease 39.9% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -24.19 (%).Trend:Increase 317.07% than previous quarter

Overall: decreasing (150.67%). 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 -6.43 (%).Trend:Increase 29.9% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -5.83 (%).Trend:Decrease 9.33% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -8.56 (%).Trend:Increase 46.83% than previous quarter

Overall: decreasing (33.13%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.05 (USD).Trend:Decrease 183.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.01 (USD).Trend:Decrease 80.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.08 (USD).Trend:Increase 700.0% than previous quarter

Overall: decreasing (60.0%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2022 to Q1 2023 shows highly variable performance. Liabilities on revenue initially decrease, then sharply increase, indicating significant fluctuation. Current assets on revenue display a similar pattern of decrease followed by a sharp increase. Cost efficiency, gauged by the retained earnings to revenue ratio, shows a substantial overall decrease, with major quarter-to-quarter changes.  Investment efficiency and earnings per share also exhibit notable volatility.