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 28.93 (%).Trend:Decrease 50.39% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.26 (%).Trend:Decrease 29.97% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 56.39 (%).Trend:Increase 178.33% than previous quarter

Overall: increasing (94.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 99.71 (%).Trend:Decrease 48.46% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 70.35 (%).Trend:Decrease 29.45% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 233.77 (%).Trend:Increase 232.3% than previous quarter

Overall: increasing (134.45%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.85 (%).Trend:Decrease 1.98% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.58 (%).Trend:Decrease 6.4% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.5 (%).Trend:Decrease 5.81% than previous quarter

Overall: decreasing (-11.84%). 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
Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.9 (USD).Trend:Increase 20.25% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.62 (USD).Trend:Increase 143.16% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.77 (USD).Trend:Decrease 61.69% than previous quarter

Overall: decreasing (-6.84%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 reveal considerable variation. Liabilities on revenue increased in Q1 2023 after a period of decrease in preceding quarters. Current assets on revenue also increased in Q1 2023. Cost efficiency continued its moderate downward trend.  Earnings per share fluctuated significantly, showing a large increase in Q3 2022 followed by a decrease in Q1 2023.