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 37.68 (%).Trend:Decrease 52.57% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.21 (%).Trend:Decrease 19.82% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 78.89 (%).Trend:Increase 161.14% than previous quarter

Overall: increasing (109.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 75.75 (%).Trend:Decrease 49.14% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.94 (%).Trend:Decrease 28.79% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 182.58 (%).Trend:Increase 238.49% than previous quarter

Overall: increasing (141.03%). 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 139.87 (%).Trend:Decrease 52.46% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 95.22 (%).Trend:Decrease 31.92% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 431.78 (%).Trend:Increase 353.46% than previous quarter

Overall: increasing (208.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.37 (%).Trend:Decrease 8.84% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.12 (%).Trend:Decrease 2.02% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.0 (%).Trend:Increase 32.01% than previous quarter

Overall: increasing (29.35%). Fluctuation: **Neutral** (moderate 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 61.71 (%).Trend:Increase 2.64% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 63.27 (%).Trend:Increase 2.53% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 71.53 (%).Trend:Increase 13.06% than previous quarter

Overall: increasing (15.91%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 9.5 (USD).Trend:Increase 156.06% than previous quarter
Year 2022 Quarter 3: Earning Per Share 14.0 (USD).Trend:Increase 47.37% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 92.86% than previous quarter

Overall: decreasing (-89.47%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows volatile trends. Working capital efficiency metrics, liabilities and current assets on revenue, are increasing but with significant fluctuation, indicating potential instability.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows strong increases, albeit with large variations.  The SG&A expense ratio exhibits a modest increase with moderate fluctuation. Investment efficiency, shown by retained earnings on assets, demonstrates a steady increase.  Earnings per share decreased significantly in Q1 2023, followed by a significant increase in Q2, and further increase in Q3.  This pattern suggests significant instability.