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 41.13 (%).Trend:Decrease 50.31% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.85 (%).Trend:Decrease 32.29% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 74.89 (%).Trend:Increase 168.9% than previous quarter

Overall: increasing (82.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 81.93 (%).Trend:Decrease 52.57% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.5 (%).Trend:Decrease 34.7% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 158.83 (%).Trend:Increase 196.88% than previous quarter

Overall: increasing (93.86%). 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 138.26 (%).Trend:Decrease 50.08% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 93.26 (%).Trend:Decrease 32.55% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 286.1 (%).Trend:Increase 206.78% than previous quarter

Overall: increasing (106.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.65 (%).Trend:Decrease 3.88% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.6 (%).Trend:Decrease 0.47% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.04 (%).Trend:Decrease 5.28% than previous quarter

Overall: decreasing (-5.73%). 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 15.39 (%).Trend:Increase 5.99% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 16.24 (%).Trend:Increase 5.52% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 18.51 (%).Trend:Increase 13.98% than previous quarter

Overall: increasing (20.27%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.03 (USD).Trend:Increase 283.02% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.47 (USD).Trend:Increase 70.94% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.9 (USD).Trend:Decrease 45.24% than previous quarter

Overall: decreasing (-6.4%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterized Q2 2022-Q1 2023. Liabilities on revenue and current assets on revenue increased substantially (82.08% and 93.86% respectively).  The ratio of retained earnings to revenue also saw a large increase (106.93%).  The SG&A expense ratio decreased slightly (-5.73%), while retained earnings on assets increased moderately (20.27%). Earnings per share showed significant volatility, ultimately decreasing (-6.4%).