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 228.03 (%).Trend:Increase 22.21% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 145.22 (%).Trend:Decrease 36.32% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 475.76 (%).Trend:Increase 227.61% than previous quarter

Overall: increasing (108.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 193.8 (%).Trend:Decrease 48.01% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 132.8 (%).Trend:Decrease 31.48% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 574.48 (%).Trend:Increase 332.59% than previous quarter

Overall: increasing (196.43%). 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 140.75 (%).Trend:Decrease 51.89% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 91.17 (%).Trend:Decrease 35.23% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 324.0 (%).Trend:Increase 255.38% than previous quarter

Overall: increasing (130.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 59.19 (%).Trend:Decrease 0.22% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 60.66 (%).Trend:Increase 2.48% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 55.67 (%).Trend:Decrease 8.23% than previous quarter

Overall: decreasing (-5.95%). 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 26.79 (%).Trend:Decrease 1.54% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 26.92 (%).Trend:Increase 0.49% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 27.8 (%).Trend:Increase 3.27% than previous quarter

Overall: increasing (3.77%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.63 (USD).Trend:Increase 31.25% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.66 (USD).Trend:Increase 4.76% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.31 (USD).Trend:Decrease 53.03% than previous quarter

Overall: decreasing (-50.79%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, liabilities and current assets on revenue increased significantly (108.64% and 196.43%, respectively), indicating substantial growth or potential inefficiencies. The ratio of retained earnings to revenue also rose considerably (130.2%), while SG&A expenses decreased (-5.95%). Retained earnings on assets showed modest growth (3.77%), but earnings per share decreased substantially (-50.79%), suggesting a need for further investigation.