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 47.83 (%).Trend:Decrease 51.98% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 32.63 (%).Trend:Decrease 31.78% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 99.23 (%).Trend:Increase 204.11% than previous quarter

Overall: increasing (107.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 84.89 (%).Trend:Decrease 50.47% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 55.99 (%).Trend:Decrease 34.04% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 158.06 (%).Trend:Increase 182.3% than previous quarter

Overall: increasing (86.19%). 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 91.77 (%).Trend:Decrease 47.95% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 61.91 (%).Trend:Decrease 32.54% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 182.58 (%).Trend:Increase 194.91% than previous quarter

Overall: increasing (98.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.24 (%).Trend:Increase 2.2% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.08 (%).Trend:Decrease 1.56% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.19 (%).Trend:Decrease 8.83% than previous quarter

Overall: decreasing (-10.25%). 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 43.39 (%).Trend:Increase 5.96% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 45.03 (%).Trend:Increase 3.78% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 44.59 (%).Trend:Decrease 0.98% than previous quarter

Overall: increasing (2.77%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.75 (USD).Trend:Increase 108.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.92 (USD).Trend:Increase 66.86% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.93 (USD).Trend:Decrease 68.15% than previous quarter

Overall: decreasing (-46.86%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all significantly increased, suggesting improved working capital.  Conversely,  earnings per share decreased substantially, and while retained earnings on assets slightly increased, SG&A expenses decreased. This indicates a need for further investigation into the interplay of profitability and working capital efficiency.