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 41.58 (%).Trend:Decrease 50.04% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 28.5 (%).Trend:Decrease 31.46% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 81.85 (%).Trend:Increase 187.19% than previous quarter

Overall: increasing (96.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 84.33 (%).Trend:Decrease 49.41% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.5 (%).Trend:Decrease 36.56% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 163.27 (%).Trend:Increase 205.18% than previous quarter

Overall: increasing (93.61%). 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 15.46 (%).Trend:Decrease 0.83% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.23 (%).Trend:Decrease 1.49% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.52 (%).Trend:Increase 1.9% than previous quarter

Overall: increasing (0.39%). 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 5.6 (USD).Trend:Increase 68.67% than previous quarter
Year 2022 Quarter 3: Earning Per Share 8.18 (USD).Trend:Increase 46.07% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.39 (USD).Trend:Decrease 58.56% than previous quarter

Overall: decreasing (-39.46%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2022 to Q1 2023 financial data indicates significant fluctuation in working capital efficiency. Liabilities on revenue, after an initial increase, declined and then increased.  Current assets on revenue followed a similar pattern. Cost efficiency shows a minor overall increase in the SG&A expense ratio. Investment efficiency displays significant volatility in earnings per share, with a decrease in Q1 2023.