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 42.42 (%).Trend:Decrease 24.11% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 85.45 (%).Trend:Increase 101.44% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 386.21 (%).Trend:Increase 351.97% than previous quarter

Overall: increasing (810.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 70.81 (%).Trend:Decrease 23.88% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 96.51 (%).Trend:Increase 36.29% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 108.77 (%).Trend:Increase 12.7% than previous quarter

Overall: increasing (53.61%). Fluctuation: **Neutral** (moderate 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 27.88 (%).Trend:Increase 14.87% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 23.77 (%).Trend:Decrease 14.74% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 138.39 (%).Trend:Increase 482.2% than previous quarter

Overall: increasing (396.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.18 (%).Trend:Decrease 14.27% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.8 (%).Trend:Increase 3.61% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.03 (%).Trend:Decrease 9.94% than previous quarter

Overall: decreasing (-6.69%). 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 6.78 (%).Trend:Increase 134.6% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 7.69 (%).Trend:Increase 13.42% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 20.2 (%).Trend:Increase 162.68% than previous quarter

Overall: increasing (197.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.24 (USD).Trend:Increase 2300.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.44 (USD).Trend:Increase 83.33% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.44 (USD).Trend:Increase 0.0% than previous quarter

Overall: increasing (83.33%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 reveals substantial fluctuations. Liabilities on revenue increased dramatically in Q1 2023, after a period of decreases. Current assets on revenue show a general increase but vary considerably. Cost efficiency shows a slight downward trend in the SG&A expense ratio. The ratio of retained earnings to revenue increased dramatically in Q1 2023. Investment efficiency displays significant growth in retained earnings on assets, with large increases over the period. Earnings per share demonstrate considerable growth, notably in Q2 2022, although there is a less significant growth in Q1 2023.