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 66.42 (%).Trend:Decrease 54.05% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 37.32 (%).Trend:Decrease 43.81% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 278.3 (%).Trend:Increase 645.71% than previous quarter

Overall: increasing (319.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 82.09 (%).Trend:Decrease 45.83% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 68.27 (%).Trend:Decrease 16.84% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 230.05 (%).Trend:Increase 236.97% than previous quarter

Overall: increasing (180.24%). 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 -7.12 (%).Trend:Decrease 126.91% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -0.13 (%).Trend:Decrease 98.17% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 38.23 (%).Trend:Decrease 29507.69% than previous quarter

Overall: increasing (-636.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.96 (%).Trend:Decrease 8.74% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.85 (%).Trend:Decrease 1.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.39 (%).Trend:Decrease 4.24% than previous quarter

Overall: decreasing (-5.2%). 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 -0.88 (%).Trend:Decrease 161.11% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -0.03 (%).Trend:Decrease 96.59% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 2.33 (%).Trend:Decrease 7866.67% than previous quarter

Overall: increasing (-364.77%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.33 (USD).Trend:Decrease 71.05% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.62 (USD).Trend:Increase 87.88% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.72 (USD).Trend:Increase 16.13% than previous quarter

Overall: increasing (118.18%). Fluctuation: **Significant** (high variation).



Financial analysis for Q2 2022 to Q1 2023 indicates significant, positive changes in working capital efficiency and overall investment efficiency.  Liabilities and current assets on revenue are increasing, demonstrating substantial variation.  The ratio of retained earnings to revenue and retained earnings on assets are increasing but showing highly varying trends. Selling, general, and administrative expenses show a consistent slight decreasing trend. Earning per share is increasing significantly, with a marked increase in Q1 2023.