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 24.85 (%).Trend:Decrease 49.58% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.37 (%).Trend:Decrease 30.1% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 45.81 (%).Trend:Increase 163.73% than previous quarter

Overall: increasing (84.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 50.67 (%).Trend:Decrease 47.97% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 33.52 (%).Trend:Decrease 33.85% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 101.79 (%).Trend:Increase 203.67% than previous quarter

Overall: increasing (100.89%). 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 49.53 (%).Trend:Decrease 50.72% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 34.52 (%).Trend:Decrease 30.3% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 128.55 (%).Trend:Increase 272.39% than previous quarter

Overall: increasing (159.54%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.99 (%).Trend:Decrease 13.43% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.6 (%).Trend:Decrease 3.9% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.03 (%).Trend:Increase 46.15% than previous quarter

Overall: increasing (40.44%). 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 39.46 (%).Trend:Increase 5.62% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 42.42 (%).Trend:Increase 7.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 40.71 (%).Trend:Decrease 4.03% than previous quarter

Overall: increasing (3.17%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.14 (USD).Trend:Increase 235.29% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.92 (USD).Trend:Increase 68.42% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 96.88% than previous quarter

Overall: decreasing (-94.74%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows significant fluctuation across various metrics.  Working capital efficiency, measured by liabilities and current assets on revenue, is increasing but with high variability.  Cost efficiency, as measured by retained earnings to revenue and SG&A expense ratios, also shows substantial growth and volatility. Investment efficiency (retained earnings on assets) exhibits minimal fluctuation, while earnings per share have declined dramatically, with significant variation.  These findings suggest a company undergoing significant internal changes and challenges, necessitating careful monitoring.