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 55.26 (%).Trend:Decrease 41.6% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 38.05 (%).Trend:Decrease 31.14% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 110.25 (%).Trend:Increase 189.75% than previous quarter

Overall: increasing (99.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 111.03 (%).Trend:Decrease 46.5% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 73.81 (%).Trend:Decrease 33.52% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 232.23 (%).Trend:Increase 214.63% than previous quarter

Overall: increasing (109.16%). 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 4.88 (%).Trend:Decrease 48.63% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 2.78 (%).Trend:Decrease 43.03% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 30.81 (%).Trend:Increase 1008.27% than previous quarter

Overall: increasing (531.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.47 (%).Trend:Decrease 1.77% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.3 (%).Trend:Decrease 0.69% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.86 (%).Trend:Decrease 1.81% than previous quarter

Overall: decreasing (-2.49%). 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 1.53 (%).Trend:Decrease 0.65% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 1.33 (%).Trend:Decrease 13.07% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 4.95 (%).Trend:Increase 272.18% than previous quarter

Overall: increasing (223.53%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.86 (USD).Trend:Increase 97.87% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.95 (USD).Trend:Increase 58.6% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.1% than previous quarter

Overall: decreasing (-46.24%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023,  working capital efficiency metrics (liabilities and current assets on revenue) show significant increases, indicating potential growth or improved management.  Cost efficiency, as measured by retained earnings on revenue, also increased dramatically.  Conversely, earnings per share decreased significantly, which warrants further investigation.  SG&A expense ratio showed little fluctuation, remaining relatively consistent.  Investment efficiency, reflected in retained earnings on assets, increased significantly.