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 71.17 (%).Trend:Decrease 54.23% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 49.93 (%).Trend:Decrease 29.84% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 159.53 (%).Trend:Increase 219.51% than previous quarter

Overall: increasing (124.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 121.29 (%).Trend:Decrease 54.25% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 77.91 (%).Trend:Decrease 35.77% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 227.6 (%).Trend:Increase 192.13% than previous quarter

Overall: increasing (87.65%). 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 -315.11 (%).Trend:Decrease 51.77% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -212.66 (%).Trend:Decrease 32.51% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -534.54 (%).Trend:Increase 151.36% than previous quarter

Overall: decreasing (69.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.7 (%).Trend:Decrease 1.85% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.9 (%).Trend:Decrease 3.86% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.19 (%).Trend:Increase 1.46% than previous quarter

Overall: decreasing (-2.46%). 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 -146.55 (%).Trend:Increase 4.95% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -154.37 (%).Trend:Increase 5.34% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -141.99 (%).Trend:Decrease 8.02% than previous quarter

Overall: increasing (-3.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.21 (USD).Trend:Increase 50.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.45 (USD).Trend:Increase 114.29% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.18 (USD).Trend:Decrease 60.0% than previous quarter

Overall: increasing (-14.29%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows substantial volatility.  Liabilities and current assets on revenue increased significantly in Q1 2023 after decreasing throughout 2022. The ratio of retained earnings to revenue decreased across all quarters but increased substantially in Q1 2023.  The SG&A expense ratio shows little fluctuation, decreasing steadily.  Investment efficiency and earnings per share metrics continue to fluctuate significantly.