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 74.59 (%).Trend:Decrease 47.03% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 51.81 (%).Trend:Decrease 30.54% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 166.03 (%).Trend:Increase 220.46% than previous quarter

Overall: increasing (122.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 80.85 (%).Trend:Decrease 50.46% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 57.72 (%).Trend:Decrease 28.61% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 168.98 (%).Trend:Increase 192.76% than previous quarter

Overall: increasing (109.0%). 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 71.59 (%).Trend:Decrease 51.79% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 48.98 (%).Trend:Decrease 31.58% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 137.86 (%).Trend:Increase 181.46% than previous quarter

Overall: increasing (92.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.08 (%).Trend:Increase 3.91% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.39 (%).Trend:Increase 1.71% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.56 (%).Trend:Increase 0.92% than previous quarter

Overall: increasing (2.65%). 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 38.93 (%).Trend:Decrease 2.68% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 39.41 (%).Trend:Increase 1.23% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 37.49 (%).Trend:Decrease 4.87% than previous quarter

Overall: decreasing (-3.7%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q2 2022 to Q1 2023 show substantial increases in liabilities and current assets on revenue, indicating a need for more detailed review. The cost efficiency ratio of retained earnings to revenue is also increasing, with noticeable variability.  SG&A expense ratios remain relatively stable.  Invest efficiency, as measured by retained earnings on assets, is decreasing.  The significant fluctuations and increases warrant careful consideration of potential underlying factors.