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 12.04 (%).Trend:Decrease 53.39% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 7.58 (%).Trend:Decrease 37.04% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 28.62 (%).Trend:Increase 277.57% than previous quarter

Overall: increasing (137.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 44.87 (%).Trend:Decrease 49.91% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 32.15 (%).Trend:Decrease 28.35% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 139.58 (%).Trend:Increase 334.15% than previous quarter

Overall: increasing (211.08%). 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 12.95 (%).Trend:Decrease 34.6% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 10.79 (%).Trend:Decrease 16.68% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 54.95 (%).Trend:Increase 409.27% than previous quarter

Overall: increasing (324.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.19 (%).Trend:Increase 2.57% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.61 (%).Trend:Increase 5.84% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.43 (%).Trend:Increase 50.2% than previous quarter

Overall: increasing (58.97%). 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 21.8 (%).Trend:Increase 29.68% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 25.34 (%).Trend:Increase 16.24% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 28.73 (%).Trend:Increase 13.38% than previous quarter

Overall: increasing (31.79%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 21.49 (USD).Trend:Increase 56.63% than previous quarter
Year 2022 Quarter 3: Earning Per Share 28.03 (USD).Trend:Increase 30.43% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.96 (USD).Trend:Decrease 93.01% than previous quarter

Overall: decreasing (-90.88%). Fluctuation: **Significant** (high variation).



The data from Q2 2021 to Q1 2022 reveals significant financial shifts. Liabilities on revenue increased by 107.97% with high variation, while current assets on revenue rose by 132.41% with high variation. A dramatic increase in the ratio of retained earnings to revenue (13100.0%) was observed, alongside significant fluctuation. SG&A expenses saw a minimal increase (0.57%) with little variation. Retained earnings on assets increased substantially (5903.57%) with significant fluctuation. However, Earnings Per Share decreased by 25.6% with significant fluctuation. This suggests a period of aggressive asset and earnings retention, but with a decline in per-share profitability and substantial volatility.