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 20.52 (%).Trend:Decrease 73.6% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.48 (%).Trend:Increase 43.66% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 50.1 (%).Trend:Increase 69.95% than previous quarter

Overall: increasing (144.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 60.7 (%).Trend:Decrease 46.68% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 38.71 (%).Trend:Decrease 36.23% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 119.62 (%).Trend:Increase 209.02% than previous quarter

Overall: increasing (97.07%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.37 (%).Trend:Decrease 14.03% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.83 (%).Trend:Increase 13.65% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.26 (%).Trend:Decrease 14.88% than previous quarter

Overall: decreasing (-3.26%). 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
Earning Per Share
Year 2022 Quarter 2: Earning Per Share 19.9 (USD).Trend:Increase 126.65% than previous quarter
Year 2022 Quarter 3: Earning Per Share 18.0 (USD).Trend:Decrease 9.55% than previous quarter
Year 2023 Quarter 1: Earning Per Share 9.0 (USD).Trend:Decrease 50.0% than previous quarter

Overall: decreasing (-54.77%). Fluctuation: **Significant** (high variation).



Q2 2022 to Q1 2023 financial data shows working capital efficiency with increasing liabilities and current assets, despite significant variation. Cost efficiency shows a slight decrease in the SG&A expense ratio with minimal fluctuation.  Invest efficiency reveals a decrease in earnings per share with substantial quarter-to-quarter changes.