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 171.1 (%).Trend:Decrease 59.91% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 101.69 (%).Trend:Decrease 40.57% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 194.38 (%).Trend:Increase 91.15% than previous quarter

Overall: increasing (13.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 123.47 (%).Trend:Decrease 60.65% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 68.3 (%).Trend:Decrease 44.68% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 166.59 (%).Trend:Increase 143.91% than previous quarter

Overall: increasing (34.92%). 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 10.78 (%).Trend:Decrease 30.63% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 9.02 (%).Trend:Decrease 16.33% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 50.07 (%).Trend:Increase 455.1% than previous quarter

Overall: increasing (364.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 4.96 (%).Trend:Increase 60.52% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 6.86 (%).Trend:Increase 38.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 16.32 (%).Trend:Increase 137.9% than previous quarter

Overall: increasing (229.03%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.28 (USD).Trend:Increase 40.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.34 (USD).Trend:Increase 21.43% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 32.35% than previous quarter

Overall: decreasing (-17.86%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q2 2022 to Q1 2023 show a mixed picture. Liabilities on revenue increased by a moderate amount, with significant volatility. Current assets on revenue also increased, but again with major fluctuations. Cost efficiency, measured by the ratio of retained earnings to revenue, saw a substantial increase, though with high volatility. Investment efficiency and earnings per share both increased significantly, but earnings per share decreased slightly in Q1 2023.