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 96.79 (%).Trend:Decrease 50.56% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 62.87 (%).Trend:Decrease 35.04% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 205.3 (%).Trend:Increase 226.55% than previous quarter

Overall: increasing (112.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 121.18 (%).Trend:Decrease 48.74% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 81.92 (%).Trend:Decrease 32.4% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 178.23 (%).Trend:Increase 117.57% than previous quarter

Overall: increasing (47.08%). 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 31.97 (%).Trend:Decrease 50.53% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 19.45 (%).Trend:Decrease 39.16% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 65.94 (%).Trend:Increase 239.02% than previous quarter

Overall: increasing (106.26%). 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 6.93 (%).Trend:Increase 0.14% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 6.43 (%).Trend:Decrease 7.22% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 6.59 (%).Trend:Increase 2.49% than previous quarter

Overall: decreasing (-4.91%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.13 (USD).Trend:Increase 140.43% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.64 (USD).Trend:Increase 45.13% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.55 (USD).Trend:Decrease 66.46% than previous quarter

Overall: decreasing (-51.33%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue decreased significantly in Q2-Q3 2022 then increased substantially in Q1 2023. Current assets on revenue also decreased over the period before increasing again in Q1 2023. Cost efficiency shows a large decrease in the ratio of retained earnings to revenue, before increasing in Q1 2023. Investment efficiency shows a small decrease in retained earnings on assets. Earnings per share increased significantly in Q2-Q3 2022, but decreased sharply in Q1 2023.