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 29.28 (%).Trend:Decrease 50.32% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.05 (%).Trend:Decrease 28.11% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 68.81 (%).Trend:Increase 226.89% than previous quarter

Overall: increasing (135.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 28.24 (%).Trend:Decrease 49.43% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 19.93 (%).Trend:Decrease 29.43% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 59.32 (%).Trend:Increase 197.64% than previous quarter

Overall: increasing (110.06%). 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 30.53 (%).Trend:Decrease 49.29% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 20.58 (%).Trend:Decrease 32.59% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 57.4 (%).Trend:Increase 178.91% than previous quarter

Overall: increasing (88.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.45 (%).Trend:Decrease 0.29% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.75 (%).Trend:Increase 1.47% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.96 (%).Trend:Increase 1.01% than previous quarter

Overall: increasing (2.49%). 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 35.45 (%).Trend:Increase 1.58% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 34.99 (%).Trend:Decrease 1.3% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 32.72 (%).Trend:Decrease 6.49% than previous quarter

Overall: decreasing (-7.7%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.5 (USD).Trend:Increase 157.73% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.61 (USD).Trend:Increase 44.4% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.75 (USD).Trend:Decrease 79.22% than previous quarter

Overall: decreasing (-70.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 reveals significant volatility. Working capital efficiency demonstrates major swings in liabilities and current assets on revenue. Cost efficiency exhibits a clear, albeit volatile, decline in the retained earnings-to-revenue ratio. SG&A expense ratios remain relatively stable. Investment efficiency displays a modest but steady decrease in retained earnings on assets. Earnings per share show large fluctuations, decreasing in the final quarter.