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 44.05 (%).Trend:Decrease 50.21% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 28.38 (%).Trend:Decrease 35.57% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 85.28 (%).Trend:Increase 200.49% than previous quarter

Overall: increasing (93.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 82.33 (%).Trend:Decrease 49.78% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 54.27 (%).Trend:Decrease 34.08% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 176.88 (%).Trend:Increase 225.93% than previous quarter

Overall: increasing (114.84%). 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 0.5 (%).Trend:Decrease 104.52% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 2.94 (%).Trend:Increase 488.0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 22.36 (%).Trend:Increase 660.54% than previous quarter

Overall: increasing (4372.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.28 (%).Trend:Decrease 3.68% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.16 (%).Trend:Decrease 1.91% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.28 (%).Trend:Increase 1.95% than previous quarter

Overall: stable (0.0%). 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 0.44 (%).Trend:Decrease 109.07% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 3.91 (%).Trend:Increase 788.64% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 9.12 (%).Trend:Increase 133.25% than previous quarter

Overall: increasing (1972.73%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.44 (USD).Trend:Increase 289.19% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.13 (USD).Trend:Increase 47.92% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.51 (USD).Trend:Decrease 76.06% than previous quarter

Overall: decreasing (-64.58%). Fluctuation: **Significant** (high variation).



Financial analysis for Q2 2022 to Q1 2023 shows considerable volatility across several metrics. Liabilities and current assets on revenue are increasing overall, but with significant quarterly changes. The Ratio of Retained Earnings to Revenue displays large swings, indicating a significant increase.  The SG&A expense ratio is stable.  Retained Earnings on Assets and Earnings Per Share exhibit substantial fluctuations, with a substantial overall increase for the former and a notable decrease for the latter.