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 39.25 (%).Trend:Decrease 52.98% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.02 (%).Trend:Decrease 31.16% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 73.54 (%).Trend:Increase 172.17% than previous quarter

Overall: increasing (87.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 87.73 (%).Trend:Decrease 53.25% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 57.57 (%).Trend:Decrease 34.38% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 170.87 (%).Trend:Increase 196.8% than previous quarter

Overall: increasing (94.77%). 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 118.57 (%).Trend:Decrease 52.43% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 79.96 (%).Trend:Decrease 32.56% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 248.06 (%).Trend:Increase 210.23% than previous quarter

Overall: increasing (109.21%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.51 (%).Trend:Decrease 1.46% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.67 (%).Trend:Increase 1.03% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.89 (%).Trend:Increase 14.17% than previous quarter

Overall: increasing (15.34%). 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 68.28 (%).Trend:Increase 0.03% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 70.95 (%).Trend:Increase 3.91% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 73.12 (%).Trend:Increase 3.06% than previous quarter

Overall: increasing (7.09%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 6.5 (USD).Trend:Increase 121.84% than previous quarter
Year 2022 Quarter 3: Earning Per Share 9.88 (USD).Trend:Increase 52.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.5 (USD).Trend:Decrease 64.57% than previous quarter

Overall: decreasing (-46.15%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant increases after declines in prior quarters. Liabilities on revenue and current assets on revenue increased considerably in Q1 2023 after decreasing in previous quarters. Cost efficiency reveals substantial increases in the ratio of retained earnings to revenue, continuing a trend from earlier quarters. SG&A expense ratio continues to show a consistent overall increasing trend. Invest efficiency maintains a positive and steady trend, with retained earnings increasing in each quarter. Earnings per share experience a drop in Q1 2023, reversing a prior increasing trend.