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 82.6 (%).Trend:Decrease 47.36% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 58.24 (%).Trend:Decrease 29.49% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 189.13 (%).Trend:Increase 224.74% than previous quarter

Overall: increasing (128.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 89.62 (%).Trend:Decrease 46.86% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 61.99 (%).Trend:Decrease 30.83% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 194.83 (%).Trend:Increase 214.29% than previous quarter

Overall: increasing (117.4%). 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 219.21 (%).Trend:Decrease 49.81% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 143.28 (%).Trend:Decrease 34.64% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 437.15 (%).Trend:Increase 205.1% than previous quarter

Overall: increasing (99.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.9 (%).Trend:Decrease 0.79% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.39 (%).Trend:Decrease 2.13% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.7 (%).Trend:Increase 1.33% than previous quarter

Overall: decreasing (-0.84%). 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 74.99 (%).Trend:Decrease 0.68% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 74.75 (%).Trend:Decrease 0.32% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 77.67 (%).Trend:Increase 3.91% than previous quarter

Overall: increasing (3.57%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.54 (USD).Trend:Increase 22.12% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.1 (USD).Trend:Increase 100.79% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.33 (USD).Trend:Decrease 34.71% than previous quarter

Overall: increasing (31.1%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased significantly in Q1 2023, then decreased in Q2 and Q3 2023.  Current assets on revenue also showed substantial increases and decreases across the quarters. Cost efficiency data reveals a slightly decreasing trend in SG&A expense ratio with little fluctuation.  Retained earnings to revenue ratio increased significantly, fluctuating substantially. Investment efficiency shows a little fluctuation with a slight increase in retained earnings on assets. Earnings per share shows a significant increase and decrease over the three quarters.