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 18.14 (%).Trend:Decrease 53.3% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 12.41 (%).Trend:Decrease 31.59% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 35.73 (%).Trend:Increase 187.91% than previous quarter

Overall: increasing (96.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 24.79 (%).Trend:Decrease 52.27% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 16.83 (%).Trend:Decrease 32.11% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 47.93 (%).Trend:Increase 184.79% than previous quarter

Overall: increasing (93.34%). 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 4.97 (%).Trend:Decrease 49.39% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 3.63 (%).Trend:Decrease 26.96% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 12.7 (%).Trend:Increase 249.86% than previous quarter

Overall: increasing (155.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.4 (%).Trend:Decrease 3.29% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.25 (%).Trend:Decrease 1.04% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.49 (%).Trend:Increase 1.68% than previous quarter

Overall: increasing (0.62%). 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 6.35 (%).Trend:Increase 7.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 7.0 (%).Trend:Increase 10.24% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 8.32 (%).Trend:Increase 18.86% than previous quarter

Overall: increasing (31.02%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.2 (USD).Trend:Decrease 385.71% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.65 (USD).Trend:Increase 225.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 49.23% than previous quarter

Overall: increasing (65.0%). Fluctuation: **Significant** (high variation).



Q2 2022 to Q1 2023 financial data shows mixed trends with significant fluctuations. Working capital efficiency, measured by liabilities and current assets, demonstrates substantial increases and decreases.  Cost efficiency, reflected in the retained earnings ratio, also displays considerable volatility, but generally upward. Selling, general, and administrative (SG&A) expenses show a steady, small increase.  Investment efficiency remains positive, with steady increases in retained earnings on assets. Earnings per share show substantial volatility, but with a positive overall trend.