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 38.34 (%).Trend:Decrease 59.31% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 19.39 (%).Trend:Decrease 49.43% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 74.0 (%).Trend:Increase 281.64% than previous quarter

Overall: increasing (93.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 113.73 (%).Trend:Decrease 60.98% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 72.35 (%).Trend:Decrease 36.38% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 266.13 (%).Trend:Increase 267.84% than previous quarter

Overall: increasing (134.0%). 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 30.83 (%).Trend:Decrease 61.03% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 21.02 (%).Trend:Decrease 31.82% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 87.56 (%).Trend:Increase 316.56% than previous quarter

Overall: increasing (184.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.8 (%).Trend:Decrease 13.43% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.5 (%).Trend:Increase 5.93% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.04 (%).Trend:Increase 12.32% than previous quarter

Overall: increasing (18.98%). 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 10.09 (%).Trend:Decrease 2.98% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 10.45 (%).Trend:Increase 3.57% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 12.46 (%).Trend:Increase 19.23% than previous quarter

Overall: increasing (23.49%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.08 (USD).Trend:Decrease 11.48% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.58 (USD).Trend:Increase 46.3% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 36.71% than previous quarter

Overall: decreasing (-7.41%). Fluctuation: **Neutral** (moderate variation).



Financial performance from Q2 2022 to Q1 2023 shows significant fluctuations across key metrics. Working capital efficiency, current assets, and the ratio of retained earnings to revenue all exhibit substantial increases, though with significant volatility.  Selling, general, and administrative expenses (SG&A) are also increasing, albeit with less variation.  Investment efficiency, as measured by retained earnings on assets, is trending upward with moderate fluctuation. Earnings per share, however, are decreasing.  The data reveal a picture of substantial growth potential, but also considerable instability.