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 25.28 (%).Trend:Decrease 48.81% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 18.14 (%).Trend:Decrease 28.24% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 50.64 (%).Trend:Increase 179.16% than previous quarter

Overall: increasing (100.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 74.89 (%).Trend:Decrease 49.78% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 50.12 (%).Trend:Decrease 33.08% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 130.33 (%).Trend:Increase 160.04% than previous quarter

Overall: increasing (74.03%). 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 88.7 (%).Trend:Decrease 51.19% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 58.27 (%).Trend:Decrease 34.31% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 144.49 (%).Trend:Increase 147.97% than previous quarter

Overall: increasing (62.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 63.64 (%).Trend:Increase 0.74% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 64.77 (%).Trend:Increase 1.78% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 64.17 (%).Trend:Decrease 0.93% than previous quarter

Overall: increasing (0.83%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.88 (USD).Trend:Increase 79.59% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.33 (USD).Trend:Increase 51.14% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 71.43% than previous quarter

Overall: decreasing (-56.82%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased significantly in Q1 2023, then decreased in Q2 and Q3 2023. Current assets on revenue also show a similar trend of significant increase in Q1 2023, followed by decreases in Q2 and Q3 2023.  Cost efficiency (ratio of retained earnings to revenue) also exhibits considerable volatility, with a large increase in Q1 2023, followed by decreases in subsequent quarters.  Investment efficiency (retained earning on assets) shows a more stable, though still slightly increasing trend.  Earning per share shows highly variable results, initially increasing, then decreasing significantly in Q1 2023, but returning to a positive upward trend in Q2 and Q3 2023.