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 241.44 (%).Trend:Decrease 47.97% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 166.1 (%).Trend:Decrease 31.2% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 395.71 (%).Trend:Increase 138.24% than previous quarter

Overall: increasing (63.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 306.66 (%).Trend:Decrease 48.14% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 211.35 (%).Trend:Decrease 31.08% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 512.11 (%).Trend:Increase 142.3% than previous quarter

Overall: increasing (67.0%). 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 74.3 (%).Trend:Decrease 47.54% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 52.52 (%).Trend:Decrease 29.31% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 146.12 (%).Trend:Increase 178.22% than previous quarter

Overall: increasing (96.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.71 (%).Trend:Increase 0.2% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.94 (%).Trend:Decrease 2.51% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.26 (%).Trend:Increase 1.07% than previous quarter

Overall: decreasing (-1.47%). 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 16.59 (%).Trend:Increase 2.66% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 17.49 (%).Trend:Increase 5.42% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 19.03 (%).Trend:Increase 8.81% than previous quarter

Overall: increasing (14.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.85 (USD).Trend:Increase 98.92% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.04 (USD).Trend:Increase 64.32% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.05 (USD).Trend:Decrease 65.46% than previous quarter

Overall: decreasing (-43.24%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 reveal significant fluctuations in working capital efficiency. Liabilities and current assets on revenue show substantial increases, while the ratio of retained earnings to revenue also shows a significant upward trend. Selling, general, and administrative (SG&A) expense ratios show little fluctuation, and investment efficiency shows consistent growth. Earnings per share show significant fluctuations, with a decrease observed in Q1 2023.