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 38.9 (%).Trend:Decrease 47.69% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.84 (%).Trend:Decrease 33.57% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 74.62 (%).Trend:Increase 188.78% than previous quarter

Overall: increasing (91.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 33.07 (%).Trend:Decrease 54.01% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 18.22 (%).Trend:Decrease 44.9% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 38.47 (%).Trend:Increase 111.14% than previous quarter

Overall: increasing (16.33%). 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 5.72 (%).Trend:Decrease 70.42% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 0.48 (%).Trend:Decrease 91.61% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -6.2 (%).Trend:Decrease 1391.67% than previous quarter

Overall: decreasing (-208.39%). 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 2.52 (%).Trend:Decrease 40.43% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 0.33 (%).Trend:Decrease 86.9% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -1.51 (%).Trend:Decrease 557.58% than previous quarter

Overall: decreasing (-159.92%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 3.27 (USD).Trend:Increase 84.75% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.21 (USD).Trend:Increase 59.33% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 80.81% than previous quarter

Overall: decreasing (-69.42%). Fluctuation: **Significant** (high variation).



The reviewed financial data (Q2 2022-Q1 2023) presents a mixed picture characterized by significant volatility.  While liabilities and current assets on revenue increased, the increases were accompanied by extreme quarter-to-quarter fluctuations.  This volatility is alarmingly amplified in cost efficiency metrics (retained earnings) and earnings per share, which declined sharply.  Further investigation into the causes of these fluctuations is urgently needed.