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 50.07 (%).Trend:Decrease 47.31% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.46 (%).Trend:Decrease 37.17% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 68.82 (%).Trend:Increase 118.75% than previous quarter

Overall: increasing (37.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 116.33 (%).Trend:Decrease 47.85% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 80.29 (%).Trend:Decrease 30.98% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 183.77 (%).Trend:Increase 128.88% than previous quarter

Overall: increasing (57.97%). 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 23.87 (%).Trend:Decrease 47.49% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 16.77 (%).Trend:Decrease 29.74% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 57.7 (%).Trend:Increase 244.07% than previous quarter

Overall: increasing (141.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.27 (%).Trend:Increase 35.26% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.15 (%).Trend:Increase 6.17% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.21 (%).Trend:Increase 33.4% than previous quarter

Overall: increasing (41.63%). 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 17.33 (%).Trend:Increase 1.7% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 17.89 (%).Trend:Increase 3.23% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 21.98 (%).Trend:Increase 22.86% than previous quarter

Overall: increasing (26.83%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial statements from Q2 2022 to Q1 2023 show significant shifts in key metrics.  Working capital efficiency, reflected by liabilities and current assets on revenue, exhibited increases, but with high variability.  Cost efficiency, specifically the ratio of retained earnings to revenue, saw a significant increase overall. SG&A expense ratios displayed a positive, yet moderate trend. Investment efficiency remained consistent and positive. Earnings per share also demonstrated an overall upward trajectory, but with notable fluctuations. The high volatility across most metrics warrants further investigation into the underlying factors.