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 21.6 (%).Trend:Decrease 47.11% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 14.36 (%).Trend:Decrease 33.52% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 38.87 (%).Trend:Increase 170.68% than previous quarter

Overall: increasing (79.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 61.27 (%).Trend:Decrease 50.17% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 40.49 (%).Trend:Decrease 33.92% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 122.26 (%).Trend:Increase 201.95% than previous quarter

Overall: increasing (99.54%). 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 19.99 (%).Trend:Decrease 52.45% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 12.2 (%).Trend:Decrease 38.97% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 40.07 (%).Trend:Increase 228.44% than previous quarter

Overall: increasing (100.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.63 (%).Trend:Decrease 8.84% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.96 (%).Trend:Increase 4.33% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.6 (%).Trend:Increase 20.6% than previous quarter

Overall: increasing (25.82%). 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 23.01 (%).Trend:Decrease 4.28% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 21.39 (%).Trend:Decrease 7.04% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 23.25 (%).Trend:Increase 8.7% than previous quarter

Overall: increasing (1.04%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.24 (USD).Trend:Increase 60.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.25 (USD).Trend:Increase 4.17% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.17 (USD).Trend:Decrease 32.0% than previous quarter

Overall: decreasing (-29.17%). Fluctuation: **Neutral** (moderate variation).



From Q2 2022 to Q1 2023, Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue all increased significantly, showing high variability. SG&A Expense Ratio also increased, but with moderate fluctuation.  Retained Earning on Assets showed a slight increase with low variation.  Earning Per Share decreased, displaying moderate fluctuation.