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 28.74 (%).Trend:Decrease 51.74% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 19.04 (%).Trend:Decrease 33.75% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 62.06 (%).Trend:Increase 225.95% than previous quarter

Overall: increasing (115.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 66.95 (%).Trend:Decrease 62.07% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 48.19 (%).Trend:Decrease 28.02% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 194.3 (%).Trend:Increase 303.2% than previous quarter

Overall: increasing (190.22%). 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 32.35 (%).Trend:Decrease 60.22% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 24.05 (%).Trend:Decrease 25.66% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 62.4 (%).Trend:Increase 159.46% than previous quarter

Overall: increasing (92.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.78 (%).Trend:Decrease 9.56% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.21 (%).Trend:Increase 13.27% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.95 (%).Trend:Decrease 2.13% than previous quarter

Overall: increasing (10.85%). 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 15.32 (%).Trend:Decrease 3.77% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 15.17 (%).Trend:Decrease 0.98% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 12.46 (%).Trend:Decrease 17.86% than previous quarter

Overall: decreasing (-18.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.29 (USD).Trend:Decrease 514.29% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.52 (USD).Trend:Increase 79.31% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 98.08% than previous quarter

Overall: increasing (-96.55%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2022 to Q1 2023 show significant variability. Working capital efficiency metrics, liabilities, and current assets on revenue display substantial fluctuations. Cost efficiency, measured by the ratio of retained earnings to revenue, exhibits significant fluctuations. However, SG&A expense ratio displays a stable, though slightly increasing, trend.  Investment efficiency, based on retained earnings on assets, shows a steady decrease. Earnings per share reveals considerable fluctuation, with consistently negative values.