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 34.45 (%).Trend:Decrease 51.5% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.4 (%).Trend:Decrease 34.98% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 66.9 (%).Trend:Increase 198.66% than previous quarter

Overall: increasing (94.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 61.47 (%).Trend:Decrease 50.9% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 40.82 (%).Trend:Decrease 33.59% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 131.23 (%).Trend:Increase 221.48% than previous quarter

Overall: increasing (113.49%). 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 6.79 (%).Trend:Decrease 45.29% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 5.13 (%).Trend:Decrease 24.45% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 19.12 (%).Trend:Increase 272.71% than previous quarter

Overall: increasing (181.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.83 (%).Trend:Decrease 1.76% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.53 (%).Trend:Increase 2.52% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.17 (%).Trend:Increase 12.76% than previous quarter

Overall: increasing (15.59%). 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 8.51 (%).Trend:Increase 11.53% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 9.72 (%).Trend:Increase 14.22% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 11.27 (%).Trend:Increase 15.95% than previous quarter

Overall: increasing (32.43%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 3.16 (USD).Trend:Increase 105.19% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.7 (USD).Trend:Increase 48.73% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.15 (USD).Trend:Decrease 75.53% than previous quarter

Overall: decreasing (-63.61%). Fluctuation: **Significant** (high variation).



Analysis of financial statements from Q2 2022 to Q1 2023 reveals significant volatility. Liabilities on revenue increased overall (94.19%) with substantial fluctuations.  Current assets on revenue also increased (113.49%), showing high volatility.  Cost efficiency saw a substantial increase (181.59%) in the ratio of retained earnings to revenue.  SG&A expense ratio increased modestly (15.59%).  Investment efficiency exhibits a moderate increase (32.43%) with minor fluctuations. Earning per share decreased significantly (-63.61%).