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 37.73 (%).Trend:Decrease 51.0% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.29 (%).Trend:Decrease 32.97% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 61.38 (%).Trend:Increase 142.7% than previous quarter

Overall: increasing (62.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 78.59 (%).Trend:Decrease 47.36% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 52.82 (%).Trend:Decrease 32.79% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 149.86 (%).Trend:Increase 183.72% than previous quarter

Overall: increasing (90.69%). 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 172.25 (%).Trend:Decrease 49.62% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 118.74 (%).Trend:Decrease 31.07% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 347.11 (%).Trend:Increase 192.33% than previous quarter

Overall: increasing (101.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.58 (%).Trend:Decrease 6.62% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.75 (%).Trend:Increase 1.61% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.7 (%).Trend:Decrease 0.47% than previous quarter

Overall: increasing (1.13%). 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
Year 2022 Quarter 2: Retained Earning on Assets 69.07 (%).Trend:Decrease 2.21% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 71.49 (%).Trend:Increase 3.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 72.56 (%).Trend:Increase 1.5% than previous quarter

Overall: increasing (5.05%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.46 (USD).Trend:Increase 128.12% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.13 (USD).Trend:Increase 45.89% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 68.54% than previous quarter

Overall: decreasing (-54.11%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant increases in both liabilities and current assets on revenue. Liabilities increased overall, while current assets also increased overall, despite substantial quarterly fluctuations. Cost efficiency shows a substantial increase in the ratio of retained earnings to revenue, despite large fluctuations.  SG&A expense ratio shows slight increases and decreases overall, but with little variation.  Invest efficiency shows a small increase in retained earnings on assets with little variation. Earnings per share show a decrease, despite substantial quarter-to-quarter fluctuations.