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 31.98 (%).Trend:Decrease 53.47% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.64 (%).Trend:Decrease 32.33% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 64.63 (%).Trend:Increase 198.66% than previous quarter

Overall: increasing (102.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 49.61 (%).Trend:Decrease 53.23% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 32.98 (%).Trend:Decrease 33.52% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 89.91 (%).Trend:Increase 172.62% than previous quarter

Overall: increasing (81.23%). 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 9.28 (%).Trend:Decrease 47.69% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 6.32 (%).Trend:Decrease 31.9% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 15.28 (%).Trend:Increase 141.77% than previous quarter

Overall: increasing (64.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.93 (%).Trend:Increase 28.49% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.91 (%).Trend:Increase 6.56% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.79 (%).Trend:Increase 11.82% than previous quarter

Overall: increasing (19.16%). 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 8.2 (%).Trend:Increase 9.63% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 8.45 (%).Trend:Increase 3.05% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 7.26 (%).Trend:Decrease 14.08% than previous quarter

Overall: decreasing (-11.46%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.92 (USD).Trend:Increase 73.58% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.08 (USD).Trend:Increase 17.39% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.32 (USD).Trend:Decrease 129.63% than previous quarter

Overall: decreasing (-134.78%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased significantly, suggesting improved financial health.  However, the SG&A expense ratio also increased moderately, while retained earnings on assets decreased slightly and earnings per share decreased dramatically, showing inconsistent performance.