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 75.79 (%).Trend:Decrease 54.99% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 46.0 (%).Trend:Decrease 39.31% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 128.67 (%).Trend:Increase 179.72% than previous quarter

Overall: increasing (69.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 84.46 (%).Trend:Decrease 53.66% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.5 (%).Trend:Decrease 36.66% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 131.1 (%).Trend:Increase 145.05% than previous quarter

Overall: increasing (55.22%). 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 98.95 (%).Trend:Decrease 53.1% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 67.29 (%).Trend:Decrease 32.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 171.76 (%).Trend:Increase 155.25% than previous quarter

Overall: increasing (73.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.36 (%).Trend:Increase 9.42% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.67 (%).Trend:Increase 3.71% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.48 (%).Trend:Increase 20.88% than previous quarter

Overall: increasing (25.36%). Fluctuation: **Neutral** (moderate 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 54.01 (%).Trend:Increase 1.39% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 56.88 (%).Trend:Increase 5.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 47.35 (%).Trend:Decrease 16.75% than previous quarter

Overall: decreasing (-12.33%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -1.0 (USD).Trend:Decrease 118.62% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 200.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -3.0 (USD).Trend:Decrease 400.0% than previous quarter

Overall: decreasing (200.0%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased significantly, indicating substantial fluctuation.  The SG&A expense ratio also increased, though with moderate variation. Conversely, retained earnings on assets decreased slightly with low variation. Earnings per share showed a significant decrease with high variation.