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 39.2 (%).Trend:Decrease 49.87% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26.18 (%).Trend:Decrease 33.21% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 70.89 (%).Trend:Increase 170.78% than previous quarter

Overall: increasing (80.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 76.19 (%).Trend:Decrease 50.71% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 52.49 (%).Trend:Decrease 31.11% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 145.56 (%).Trend:Increase 177.31% than previous quarter

Overall: increasing (91.05%). 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 54.11 (%).Trend:Decrease 48.08% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 38.63 (%).Trend:Decrease 28.61% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 126.75 (%).Trend:Increase 228.11% than previous quarter

Overall: increasing (134.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.15 (%).Trend:Decrease 6.03% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.79 (%).Trend:Decrease 2.96% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.75 (%).Trend:Increase 8.14% than previous quarter

Overall: increasing (4.94%). 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 23.06 (%).Trend:Increase 8.36% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.74 (%).Trend:Increase 7.29% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 27.24 (%).Trend:Increase 10.11% than previous quarter

Overall: increasing (18.13%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 3.56 (USD).Trend:Increase 328.92% than previous quarter
Year 2022 Quarter 3: Earning Per Share 6.07 (USD).Trend:Increase 70.51% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.34 (USD).Trend:Decrease 77.92% than previous quarter

Overall: decreasing (-62.36%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows mixed results with significant variability. Working capital efficiency, measured by liabilities and current assets on revenue, demonstrates increases, but with high fluctuation.  Cost efficiency, particularly the retained earnings to revenue ratio, exhibits substantial increases, also with high variation. Selling, general, and administrative (SG&A) expenses increase slightly, showing stability. Investment efficiency, represented by retained earnings on assets, shows a steady increase, while earnings per share display a significant decline, highlighting substantial volatility.