Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 1 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 33.48 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 38.0 (%).Trend:Decrease 54.13% than previous quarter

Overall: increasing (13.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 60.02 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 76.69 (%).Trend:Decrease 50.76% than previous quarter

Overall: increasing (27.77%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 1 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 66.85 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 96.05 (%).Trend:Decrease 49.0% than previous quarter

Overall: increasing (43.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 1 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 21.87 (%).Trend:Increase 2.97% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 24.98 (%).Trend:Increase 3.69% than previous quarter

Overall: increasing (14.22%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.23 (USD).Trend:Increase 91.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Increase 106.25% than previous quarter

Overall: increasing (43.48%). Fluctuation: **Significant** (high variation).



Q3 2022 to Q1 2023 data shows improving trends in several key areas. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased, indicating improved financial health.  The increase in liabilities on revenue (13.5%) and current assets on revenue (27.77%) suggests a positive shift in working capital. Retained earnings on assets also improved steadily (14.22%), along with earnings per share which increased significantly (43.48%).