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 28.02 (%).Trend:Decrease 52.72% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.07 (%).Trend:Decrease 28.37% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 66.99 (%).Trend:Increase 233.78% than previous quarter

Overall: increasing (139.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 71.72 (%).Trend:Decrease 58.18% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 50.8 (%).Trend:Decrease 29.17% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 152.73 (%).Trend:Increase 200.65% than previous quarter

Overall: increasing (112.95%). 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 18.77 (%).Trend:Decrease 45.1% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 13.75 (%).Trend:Decrease 26.74% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 36.47 (%).Trend:Increase 165.24% than previous quarter

Overall: increasing (94.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.99 (%).Trend:Decrease 0.19% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.63 (%).Trend:Decrease 0.88% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45.85 (%).Trend:Increase 12.85% than previous quarter

Overall: increasing (11.86%). 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 5.42 (%).Trend:Increase 16.06% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 5.9 (%).Trend:Increase 8.86% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 4.79 (%).Trend:Decrease 18.81% than previous quarter

Overall: decreasing (-11.62%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial performance from Q2 2022 to Q1 2023 shows a mixed picture. Working capital efficiency exhibits a significant increase in liabilities and current assets on revenue, although with substantial fluctuations.  Cost efficiency demonstrates a marked increase in the retained earnings-to-revenue ratio with significant variations, but a relatively stable SG&A ratio with a small increase. Investment efficiency declines slightly, again with notable variability.  The data indicates a period of significant volatility in working capital and cost efficiencies, but a relatively stable SG&A ratio.