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 108.28 (%).Trend:Decrease 44.43% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 70.77 (%).Trend:Decrease 34.64% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 249.16 (%).Trend:Increase 252.07% than previous quarter

Overall: increasing (130.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 213.35 (%).Trend:Decrease 48.38% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 135.43 (%).Trend:Decrease 36.52% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 454.41 (%).Trend:Increase 235.53% than previous quarter

Overall: increasing (112.99%). 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 23.7 (%).Trend:Decrease 54.19% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 13.77 (%).Trend:Decrease 41.9% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 32.86 (%).Trend:Increase 138.63% than previous quarter

Overall: increasing (38.65%). 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 9.1 (%).Trend:Decrease 11.48% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 8.34 (%).Trend:Decrease 8.35% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 5.7 (%).Trend:Decrease 31.65% than previous quarter

Overall: decreasing (-37.36%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -1.65 (USD).Trend:Increase 292.86% than previous quarter
Year 2022 Quarter 3: Earning Per Share -2.28 (USD).Trend:Increase 38.18% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.95 (USD).Trend:Decrease 58.33% than previous quarter

Overall: increasing (-42.42%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2022 to Q1 2023 indicates a mixed picture. Liabilities on revenue saw a significant increase (252.07%) in Q1 2023, after two quarters of decreases, totaling an overall increase of 130.11%.  A similar trend exists with current assets on revenue, which saw an increase of 235.53% in Q1 2023, after two quarters of decreases, resulting in a 112.99% overall increase.  The ratio of retained earnings to revenue is trending upward, with a considerable increase in Q1 2023, generating a 38.65% overall increase.  Investment efficiency (retained earnings on assets) declined moderately from Q2 2022 to Q1 2023, showing an overall decrease of -37.36%.  Earnings per share showed an overall increase (from negative to less negative) but remained consistently negative throughout the period.