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 22.61 (%).Trend:Decrease 56.81% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 16.89 (%).Trend:Decrease 25.3% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 42.48 (%).Trend:Increase 151.51% than previous quarter

Overall: increasing (87.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 64.66 (%).Trend:Decrease 52.37% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 47.11 (%).Trend:Decrease 27.14% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 130.88 (%).Trend:Increase 177.82% than previous quarter

Overall: increasing (102.41%). 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 78.69 (%).Trend:Decrease 47.93% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 52.63 (%).Trend:Decrease 33.12% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 148.39 (%).Trend:Increase 181.95% than previous quarter

Overall: increasing (88.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.37 (%).Trend:Increase 0.49% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.07 (%).Trend:Decrease 1.47% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.85 (%).Trend:Decrease 6.08% than previous quarter

Overall: decreasing (-7.46%). 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 62.53 (%).Trend:Increase 6.89% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 60.7 (%).Trend:Decrease 2.93% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 63.72 (%).Trend:Increase 4.98% than previous quarter

Overall: increasing (1.9%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.86 (USD).Trend:Increase 107.25% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.63 (USD).Trend:Increase 61.89% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 56.8% than previous quarter

Overall: decreasing (-30.07%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2022 to Q1 2023 shows significant fluctuation across metrics. Liabilities on revenue increased substantially in Q1 2023 after declines in the previous quarters. Current assets on revenue followed a similar pattern of large declines and an equally large increase.  Retained earnings to revenue shows an increasing trend but significant fluctuation.  SG&A expense ratio trended slightly downwards.  Retained earnings on assets exhibited a small, positive increase over the period, showing little fluctuation.  Earnings per share also demonstrated substantial fluctuations. The data highlights the need to scrutinize quarterly fluctuations for a complete picture of performance.