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 624.66 (%).Trend:Decrease 51.8% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 510.13 (%).Trend:Decrease 18.33% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 929.08 (%).Trend:Increase 82.13% than previous quarter

Overall: increasing (48.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 650.41 (%).Trend:Decrease 52.11% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 516.58 (%).Trend:Decrease 20.58% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 900.67 (%).Trend:Increase 74.35% than previous quarter

Overall: increasing (38.48%). 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 254.68 (%).Trend:Decrease 50.59% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 165.75 (%).Trend:Decrease 34.92% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 499.07 (%).Trend:Increase 201.1% than previous quarter

Overall: increasing (95.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.11 (%).Trend:Increase 1.81% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.75 (%).Trend:Decrease 1.88% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.98 (%).Trend:Increase 1.23% than previous quarter

Overall: decreasing (-0.68%). 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 33.86 (%).Trend:Increase 2.82% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 28.45 (%).Trend:Decrease 15.98% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 45.38 (%).Trend:Increase 59.51% than previous quarter

Overall: increasing (34.02%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 3.32 (USD).Trend:Increase 100.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.53 (USD).Trend:Increase 66.57% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.88 (USD).Trend:Decrease 66.0% than previous quarter

Overall: decreasing (-43.37%). Fluctuation: **Significant** (high variation).



The financial data from Q2 2022 to Q1 2023 reveals a period of fluctuating performance. Working capital efficiency shows increasing liabilities and current assets, both with significant variation. Cost efficiency is characterized by a substantial increase in retained earnings (95.96%) despite high fluctuation, alongside a slight decrease in SG&A expenses (-0.68%). Investment efficiency improved with increasing retained earnings on assets (34.02%) and moderate variation. A key concern is the decrease in Earnings Per Share (-43.37%) with significant fluctuation. This suggests a need to investigate the factors impacting profitability despite improvements in other areas.