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 10.19 (%).Trend:Decrease 59.31% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 4.92 (%).Trend:Decrease 51.72% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 18.99 (%).Trend:Increase 285.98% than previous quarter

Overall: increasing (86.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 16.64 (%).Trend:Decrease 57.88% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 8.74 (%).Trend:Decrease 47.48% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 34.12 (%).Trend:Increase 290.39% than previous quarter

Overall: increasing (105.05%). 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 1.53 (%).Trend:Decrease 53.92% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 0.94 (%).Trend:Decrease 38.56% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 1.83 (%).Trend:Increase 94.68% than previous quarter

Overall: increasing (19.61%). 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 7.29 (%).Trend:Increase 9.13% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 7.85 (%).Trend:Increase 7.68% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 3.75 (%).Trend:Decrease 52.23% than previous quarter

Overall: decreasing (-48.56%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.12 (USD).Trend:Increase 100.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.15 (USD).Trend:Increase 25.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 93.33% than previous quarter

Overall: decreasing (-91.67%). Fluctuation: **Significant** (high variation).



Q2 2022 to Q1 2023 financial data displays significant fluctuation.  Liabilities on revenue increased (86.36%), while current assets on revenue also increased (105.05%). Cost efficiency, as measured by retained earnings to revenue, improved moderately (19.61%). Investment efficiency, however, decreased substantially (-48.56%). Earning per share declined significantly (-91.67%) during this period.