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 37.75 (%).Trend:Decrease 63.51% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.32 (%).Trend:Decrease 38.23% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 96.57 (%).Trend:Increase 314.11% than previous quarter

Overall: increasing (155.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 108.62 (%).Trend:Decrease 71.56% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 57.51 (%).Trend:Decrease 47.05% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 354.69 (%).Trend:Increase 516.74% than previous quarter

Overall: increasing (226.54%). 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 410.81 (%).Trend:Decrease 74.8% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 292.41 (%).Trend:Decrease 28.82% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 2266.34 (%).Trend:Increase 675.06% than previous quarter

Overall: increasing (451.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 58.94 (%).Trend:Increase 2.99% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 61.31 (%).Trend:Increase 4.02% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 58.1 (%).Trend:Decrease 5.24% than previous quarter

Overall: decreasing (-1.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 4.09 (USD).Trend:Increase 205.22% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.44 (USD).Trend:Increase 8.56% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.41 (USD).Trend:Decrease 109.23% than previous quarter

Overall: decreasing (-110.02%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows considerable volatility. Liabilities and current assets on revenue show large decreases and then significant increases in Q1 2023. The ratio of retained earnings to revenue displays substantial fluctuation. Investment efficiency (retained earnings on assets) shows a slight downward trend.  Earnings per share experience a large decrease in Q1 2023 after increases in Q2 and Q3 2022.