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 33.0 (%).Trend:Decrease 46.71% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.24 (%).Trend:Decrease 29.58% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 65.62 (%).Trend:Increase 182.36% than previous quarter

Overall: increasing (98.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 131.2 (%).Trend:Decrease 48.28% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 90.67 (%).Trend:Decrease 30.89% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 238.08 (%).Trend:Increase 162.58% than previous quarter

Overall: increasing (81.46%). 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 54.3 (%).Trend:Decrease 47.12% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 37.15 (%).Trend:Decrease 31.58% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 108.85 (%).Trend:Increase 193.0% than previous quarter

Overall: increasing (100.46%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.71 (%).Trend:Decrease 1.48% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.88 (%).Trend:Increase 0.69% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.09 (%).Trend:Decrease 15.23% than previous quarter

Overall: decreasing (-14.65%). 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 35.47 (%).Trend:Increase 3.05% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 35.48 (%).Trend:Increase 0.03% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 39.2 (%).Trend:Increase 10.48% than previous quarter

Overall: increasing (10.52%). Fluctuation: **Little** (low variation).

Earning Per Share


Significant increases were observed in liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue from Q2 2022 to Q1 2023, all exhibiting substantial fluctuations.  In contrast, the SG&A expense ratio decreased modestly, showing minimal variation. Retained earnings on assets showed a small, steady increase.