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 69.29 (%).Trend:Decrease 20.59% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 46.31 (%).Trend:Decrease 33.16% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 129.91 (%).Trend:Increase 180.52% than previous quarter

Overall: increasing (87.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 104.22 (%).Trend:Decrease 30.36% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 70.5 (%).Trend:Decrease 32.35% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 169.34 (%).Trend:Increase 140.2% than previous quarter

Overall: increasing (62.48%). 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 204.14 (%).Trend:Decrease 49.58% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 134.53 (%).Trend:Decrease 34.1% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 375.13 (%).Trend:Increase 178.84% than previous quarter

Overall: increasing (83.76%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.39 (%).Trend:Decrease 4.15% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.29 (%).Trend:Decrease 0.96% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.75 (%).Trend:Increase 91.93% than previous quarter

Overall: increasing (90.09%). Fluctuation: **Significant** (high 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 69.16 (%).Trend:Decrease 8.13% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 69.66 (%).Trend:Increase 0.72% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 53.01 (%).Trend:Decrease 23.9% than previous quarter

Overall: decreasing (-23.35%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 6.52 (USD).Trend:Increase 86.29% than previous quarter
Year 2022 Quarter 3: Earning Per Share 9.23 (USD).Trend:Increase 41.56% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.02 (USD).Trend:Decrease 67.28% than previous quarter

Overall: decreasing (-53.68%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased dramatically in Q1 2023, then decreased in Q2 and Q3 2023. Current assets on revenue also saw significant increases and decreases across the quarters. Cost efficiency reveals significant fluctuations, with the SG&A expense ratio and the ratio of retained earnings to revenue increasing substantially in Q1 2023.  Investment efficiency shows a decreasing trend in retained earnings on assets, though with moderate fluctuation.  Earning per share experienced a significant drop in Q1 2023, followed by increases in Q2 and Q3.