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 454.14 (%).Trend:Decrease 53.42% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 418.64 (%).Trend:Decrease 7.82% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 450.56 (%).Trend:Increase 7.62% than previous quarter

Overall: decreasing (-0.79%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 14273.41 (%).Trend:Decrease 51.08% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 6479.26 (%).Trend:Decrease 54.61% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 7564.57 (%).Trend:Increase 16.75% than previous quarter

Overall: decreasing (-47.0%). 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 -46857.61 (%).Trend:Decrease 46.44% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -24787.34 (%).Trend:Decrease 47.1% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -36358.54 (%).Trend:Increase 46.68% than previous quarter

Overall: increasing (-22.41%). 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 -320.75 (%).Trend:Increase 9.43% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -317.29 (%).Trend:Decrease 1.08% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -381.78 (%).Trend:Increase 20.33% than previous quarter

Overall: decreasing (19.03%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis reveals a more stable pattern in working capital efficiency from Q2 2022 to Q1 2023. Liabilities on revenue exhibit a slight overall decrease (-0.79%) with minimal variation. Current assets on revenue, however, show a significant decrease (-47.0%) with substantial fluctuations. Cost efficiency data for SG&A expense ratio is not available.  Invest efficiency shows a decrease in Retained Earnings on Assets by 19.03%, and the Ratio of Retained Earnings to Revenue shows a significant increase by -22.41%.