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 30.85 (%).Trend:Decrease 53.4% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.56 (%).Trend:Decrease 33.35% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 60.74 (%).Trend:Increase 195.43% than previous quarter

Overall: increasing (96.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 31.84 (%).Trend:Decrease 52.63% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 21.31 (%).Trend:Decrease 33.07% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 62.73 (%).Trend:Increase 194.37% than previous quarter

Overall: increasing (97.02%). 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 13.18 (%).Trend:Decrease 47.34% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 9.23 (%).Trend:Decrease 29.97% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 30.15 (%).Trend:Increase 226.65% than previous quarter

Overall: increasing (128.76%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.09 (%).Trend:Decrease 2.99% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.87 (%).Trend:Decrease 2.42% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.03 (%).Trend:Increase 1.8% than previous quarter

Overall: decreasing (-0.66%). 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 21.36 (%).Trend:Increase 8.7% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 22.39 (%).Trend:Increase 4.82% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 24.86 (%).Trend:Increase 11.03% than previous quarter

Overall: increasing (16.39%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 150.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 8.0 (USD).Trend:Increase 60.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.0 (USD).Trend:Decrease 62.5% than previous quarter

Overall: decreasing (-40.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 present a complex picture.  Working capital efficiency exhibits significant fluctuations in liabilities and current assets on revenue. Cost efficiency shows generally declining trends in most ratios except for SG&A.  Investment efficiency maintains a consistent increase in retained earnings on assets.  Earnings per share exhibit substantial volatility with increases and decreases. The data highlights the need for deeper analysis to understand the underlying drivers of these fluctuations and the implications for future performance.