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 161.13 (%).Trend:Decrease 57.35% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 115.79 (%).Trend:Decrease 28.14% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 350.14 (%).Trend:Increase 202.39% than previous quarter

Overall: increasing (117.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 133.93 (%).Trend:Decrease 59.67% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 89.43 (%).Trend:Decrease 33.23% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 198.78 (%).Trend:Increase 122.27% than previous quarter

Overall: increasing (48.42%). 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 -418.53 (%).Trend:Decrease 46.15% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -296.98 (%).Trend:Decrease 29.04% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -1170.64 (%).Trend:Increase 294.18% than previous quarter

Overall: decreasing (179.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 81.67 (%).Trend:Decrease 0.95% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 81.96 (%).Trend:Increase 0.36% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 83.57 (%).Trend:Increase 1.96% than previous quarter

Overall: increasing (2.33%). Fluctuation: **Little** (low 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 -139.99 (%).Trend:Increase 25.6% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -150.64 (%).Trend:Increase 7.61% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -218.8 (%).Trend:Increase 45.25% than previous quarter

Overall: decreasing (56.3%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -4.21 (USD).Trend:Increase 259.83% than previous quarter
Year 2022 Quarter 3: Earning Per Share -6.06 (USD).Trend:Increase 43.94% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.95 (USD).Trend:Decrease 84.32% than previous quarter

Overall: increasing (-77.43%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 show significant volatility. Liabilities and current assets on revenue initially decreased, then increased substantially in Q1 2023. Cost efficiency exhibits large fluctuations. The selling, general, and administrative (SG&A) expense ratio shows minimal change. Investment efficiency and earning per share continue a downward trend, but with high volatility.