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 58.19 (%).Trend:Decrease 48.46% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 41.53 (%).Trend:Decrease 28.63% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 130.66 (%).Trend:Increase 214.62% than previous quarter

Overall: increasing (124.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 98.69 (%).Trend:Decrease 50.84% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 66.92 (%).Trend:Decrease 32.19% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 199.57 (%).Trend:Increase 198.22% than previous quarter

Overall: increasing (102.22%). 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 33.01 (%).Trend:Decrease 52.08% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 21.78 (%).Trend:Decrease 34.02% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 53.1 (%).Trend:Increase 143.8% than previous quarter

Overall: increasing (60.86%). 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 24.43 (%).Trend:Decrease 2.86% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 23.55 (%).Trend:Decrease 3.6% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 19.29 (%).Trend:Decrease 18.09% than previous quarter

Overall: decreasing (-21.04%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.13 (USD).Trend:Increase 62.5% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.04 (USD).Trend:Decrease 69.23% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.12 (USD).Trend:Decrease 400.0% than previous quarter

Overall: decreasing (-192.31%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, Liabilities on Revenue and Current Assets on Revenue significantly increased, showing high variation. Ratio of Retained Earnings to Revenue also increased significantly with high variation. Retained Earnings on Assets decreased (-21.04%) with moderate variation.  Earnings Per Share significantly decreased with high variation.