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 30.49 (%).Trend:Decrease 48.78% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.58 (%).Trend:Decrease 29.22% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 61.36 (%).Trend:Increase 184.34% than previous quarter

Overall: increasing (101.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 48.46 (%).Trend:Decrease 47.41% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 32.79 (%).Trend:Decrease 32.34% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 106.22 (%).Trend:Increase 223.94% than previous quarter

Overall: increasing (119.19%). 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 90.76 (%).Trend:Decrease 51.1% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 61.48 (%).Trend:Decrease 32.26% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 182.64 (%).Trend:Increase 197.07% than previous quarter

Overall: increasing (101.23%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.96 (%).Trend:Decrease 6.83% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.61 (%).Trend:Decrease 5.03% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.56 (%).Trend:Increase 14.37% than previous quarter

Overall: increasing (8.62%). 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 34.11 (%).Trend:Decrease 11.01% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 33.25 (%).Trend:Decrease 2.52% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 30.12 (%).Trend:Decrease 9.41% than previous quarter

Overall: decreasing (-11.7%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.41 (USD).Trend:Increase 105.98% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.6 (USD).Trend:Increase 49.38% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.16 (USD).Trend:Decrease 67.78% than previous quarter

Overall: decreasing (-51.87%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased substantially in Q1 2023, and current assets on revenue also increased significantly. Cost efficiency shows significant fluctuation. The ratio of retained earnings to revenue increased substantially in Q1 2023.  The SG&A expense ratio showed a slight increase. Investment efficiency shows a slight decrease in retained earnings on assets with little fluctuation. Earnings per share decreased in Q1 2023, but increased significantly by the end of the period.