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

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 21.96 (%).Trend:Decrease 50.06% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 43.97 (%).Trend:Increase 211.18% than previous quarter

Overall: increasing (55.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 83.86 (%).Trend:Decrease 48.98% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 164.37 (%).Trend:Increase 275.36% than previous quarter

Overall: increasing (91.5%). Fluctuation: **Significant** (high variation).


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

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 148.61 (%).Trend:Decrease 49.76% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 295.78 (%).Trend:Increase 310.41% than previous quarter

Overall: increasing (106.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.62 (%).Trend:Increase 3.12% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.48 (%).Trend:Decrease 6.67% than previous quarter

Overall: decreasing (-3.75%). Fluctuation: **Little** (low variation).


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

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 81.17 (%).Trend:Increase 1.6% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 79.89 (%).Trend:Increase 8.43% than previous quarter

Overall: increasing (10.17%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 10.28 (USD).Trend:Increase 129.98% than previous quarter
Year 2023 Quarter 1: Earning Per Share 4.47 (USD).Trend:Decrease 81.3% than previous quarter

Overall: decreasing (-56.99%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q1 2023 show significant fluctuations in key financial metrics.  Liabilities and current assets on revenue demonstrate large increases and decreases.  The ratio of retained earnings to revenue also displays significant volatility.  While SG&A expense ratio shows slight decrease, investment efficiency and retained earnings on assets show consistent slight increases.  Earnings per share, however, show a substantial decrease.