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 24.23 (%).Trend:Decrease 43.91% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 17.45 (%).Trend:Decrease 27.98% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 52.74 (%).Trend:Increase 202.23% than previous quarter

Overall: increasing (117.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 94.66 (%).Trend:Decrease 42.43% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 68.28 (%).Trend:Decrease 27.87% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 342.26 (%).Trend:Increase 401.26% than previous quarter

Overall: increasing (261.57%). 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 62.2 (%).Trend:Decrease 43.06% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 44.25 (%).Trend:Decrease 28.86% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 126.9 (%).Trend:Increase 186.78% than previous quarter

Overall: increasing (104.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.22 (%).Trend:Increase 4.12% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.26 (%).Trend:Decrease 4.75% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.85 (%).Trend:Decrease 22.9% than previous quarter

Overall: decreasing (-26.56%). Fluctuation: **Neutral** (moderate 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 40.68 (%).Trend:Increase 0.37% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 43.73 (%).Trend:Increase 7.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 31.0 (%).Trend:Decrease 29.11% than previous quarter

Overall: decreasing (-23.8%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.43 (USD).Trend:Increase 88.16% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.35 (USD).Trend:Increase 64.34% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.01 (USD).Trend:Decrease 57.02% than previous quarter

Overall: decreasing (-29.37%). Fluctuation: **Significant** (high variation).



The financial data from Q2 2022 to Q1 2023 demonstrate substantial fluctuations.  Working capital metrics (liabilities and current assets on revenue) increased considerably with significant variations.  Cost efficiency, measured by the SG&A expense ratio, declined slightly with moderate volatility.  The ratio of retained earnings to revenue saw a large increase. Investment efficiency, indicated by retained earnings on assets, decreased. Earnings per share decreased, with significant variation across the period.  Overall, financial performance exhibits significant instability in various measures.