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 42.53 (%).Trend:Decrease 50.92% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.79 (%).Trend:Decrease 34.66% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 60.19 (%).Trend:Increase 116.59% than previous quarter

Overall: increasing (41.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 120.32 (%).Trend:Decrease 47.43% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 62.73 (%).Trend:Decrease 47.86% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 182.14 (%).Trend:Increase 190.36% than previous quarter

Overall: increasing (51.38%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.8 (%).Trend:Decrease 3.35% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.69 (%).Trend:Decrease 0.53% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.52 (%).Trend:Increase 13.68% than previous quarter

Overall: increasing (13.08%). 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
Earning Per Share


The analysis displays substantial fluctuations in working capital efficiency metrics. Liabilities on revenue and current assets on revenue both show significant overall increases, but with substantial quarter-to-quarter variation.  In contrast, cost efficiency (SG&A expense ratio) displays a relatively stable trend, indicating lower variability.  Investment efficiency data is not provided.