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 51.44 (%).Trend:Decrease 46.99% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 34.61 (%).Trend:Decrease 32.72% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 100.09 (%).Trend:Increase 189.19% than previous quarter

Overall: increasing (94.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 143.58 (%).Trend:Decrease 49.59% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 95.19 (%).Trend:Decrease 33.7% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 284.44 (%).Trend:Increase 198.81% than previous quarter

Overall: increasing (98.11%). 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 115.35 (%).Trend:Decrease 51.06% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 75.91 (%).Trend:Decrease 34.19% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 226.99 (%).Trend:Increase 199.03% than previous quarter

Overall: increasing (96.78%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.08 (%).Trend:Decrease 1.4% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.8 (%).Trend:Decrease 1.99% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.47 (%).Trend:Increase 4.86% than previous quarter

Overall: increasing (2.77%). 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 39.78 (%).Trend:Decrease 0.97% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 40.22 (%).Trend:Increase 1.11% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 40.88 (%).Trend:Increase 1.64% than previous quarter

Overall: increasing (2.77%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.02 (USD).Trend:Increase 50.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.72 (USD).Trend:Increase 68.63% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.43 (USD).Trend:Decrease 75.0% than previous quarter

Overall: decreasing (-57.84%). Fluctuation: **Significant** (high variation).



Financial performance in the three quarters of 2022 and Q1 2023 highlights volatility.  Liabilities and current assets on revenue show substantial increases and decreases, indicating an unstable working capital position.  Cost efficiency, measured by SG&A, has a moderate increase overall. The ratio of retained earnings to revenue fluctuates greatly, while investment efficiency displays a consistent, small increase. Earnings per share are up significantly, though Q1 2023 saw a large decrease.  This trend shows a highly volatile financial performance.