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 31.25 (%).Trend:Decrease 53.77% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 19.78 (%).Trend:Decrease 36.7% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 61.16 (%).Trend:Increase 209.2% than previous quarter

Overall: increasing (95.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 44.74 (%).Trend:Decrease 38.52% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 27.4 (%).Trend:Decrease 38.76% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 79.32 (%).Trend:Increase 189.49% than previous quarter

Overall: increasing (77.29%). 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 85.27 (%).Trend:Decrease 50.58% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 57.21 (%).Trend:Decrease 32.91% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 158.08 (%).Trend:Increase 176.32% than previous quarter

Overall: increasing (85.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.19 (%).Trend:Decrease 6.61% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.3 (%).Trend:Increase 1.34% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.33 (%).Trend:Increase 12.41% than previous quarter

Overall: increasing (13.92%). 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 29.16 (%).Trend:Decrease 1.98% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 29.47 (%).Trend:Increase 1.06% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 27.04 (%).Trend:Decrease 8.25% than previous quarter

Overall: decreasing (-7.27%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.55 (USD).Trend:Increase 131.34% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.27 (USD).Trend:Increase 46.45% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.58 (USD).Trend:Decrease 74.45% than previous quarter

Overall: decreasing (-62.58%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, liabilities on revenue and current assets on revenue experienced substantial increases with significant fluctuation.  The ratio of retained earnings to revenue also increased significantly, reflecting high volatility.  The SG&A expense ratio showed a small overall increase, while retained earnings on assets slightly decreased with low variation.  Earnings per share however, decreased substantially, indicating significant fluctuation.