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 23.51 (%).Trend:Decrease 47.59% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 15.3 (%).Trend:Decrease 34.92% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 55.55 (%).Trend:Increase 263.07% than previous quarter

Overall: increasing (136.28%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 79.05 (%).Trend:Decrease 47.25% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 53.66 (%).Trend:Decrease 32.12% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 158.15 (%).Trend:Increase 194.73% than previous quarter

Overall: increasing (100.06%). 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 81.17 (%).Trend:Decrease 48.32% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 56.2 (%).Trend:Decrease 30.76% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 179.07 (%).Trend:Increase 218.63% than previous quarter

Overall: increasing (120.61%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.36 (%).Trend:Increase 0.86% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.28 (%).Trend:Decrease 0.85% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.11 (%).Trend:Decrease 1.83% than previous quarter

Overall: decreasing (-2.67%). 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 42.62 (%).Trend:Increase 0.73% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 43.66 (%).Trend:Increase 2.44% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 46.13 (%).Trend:Increase 5.66% than previous quarter

Overall: increasing (8.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.82 (USD).Trend:Increase 163.77% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.79 (USD).Trend:Increase 53.3% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.24 (USD).Trend:Decrease 55.56% than previous quarter

Overall: decreasing (-31.87%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2022 to Q1 2023 financial data indicates significant fluctuations. Liabilities and current assets on revenue show substantial increases in Q1 2023 after decreases in previous quarters, with substantial variations.  Cost efficiency, measured by the retained earnings-to-revenue ratio, also shows significant volatility, with a substantial jump in Q1 2023.  SG&A expenses remain relatively steady. Investment efficiency demonstrates consistent growth in retained earnings on assets. Earnings per share, however, show significant fluctuation, including a substantial decrease in Q1 2023.