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 56.33 (%).Trend:Decrease 43.57% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 37.32 (%).Trend:Decrease 33.75% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 102.93 (%).Trend:Increase 175.8% than previous quarter

Overall: increasing (82.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 70.96 (%).Trend:Decrease 50.49% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 46.01 (%).Trend:Decrease 35.16% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 140.29 (%).Trend:Increase 204.91% than previous quarter

Overall: increasing (97.7%). 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 408.28 (%).Trend:Decrease 50.71% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 278.85 (%).Trend:Decrease 31.7% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 886.23 (%).Trend:Increase 217.82% than previous quarter

Overall: increasing (117.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.62 (%).Trend:Decrease 5.92% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.97 (%).Trend:Decrease 2.27% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.97 (%).Trend:Decrease 3.58% than previous quarter

Overall: decreasing (-5.77%). 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 186.65 (%).Trend:Increase 2.29% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 196.86 (%).Trend:Increase 5.47% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 209.53 (%).Trend:Increase 6.44% than previous quarter

Overall: increasing (12.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 7.1 (USD).Trend:Increase 126.84% than previous quarter
Year 2022 Quarter 3: Earning Per Share 10.75 (USD).Trend:Increase 51.41% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.9 (USD).Trend:Decrease 63.72% than previous quarter

Overall: decreasing (-45.07%). Fluctuation: **Significant** (high variation).



Financial statement analysis for Q2 2022 to Q1 2023 reveals significant volatility across key metrics. Liabilities and current assets on revenue experienced substantial fluctuations, increasing considerably in Q1 2023 after substantial prior decreases.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows a substantial increase over the period. SG&A expense ratio decreased steadily with low variation.  Investment efficiency displays stable growth in retained earnings on assets.  Earning per share experienced considerable volatility, fluctuating between periods.