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 36.25 (%).Trend:Decrease 49.44% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26.79 (%).Trend:Decrease 26.1% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 80.58 (%).Trend:Increase 200.78% than previous quarter

Overall: increasing (122.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 131.4 (%).Trend:Decrease 51.5% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 89.51 (%).Trend:Decrease 31.88% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 299.23 (%).Trend:Increase 234.3% than previous quarter

Overall: increasing (127.72%). 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 37.2 (%).Trend:Decrease 47.34% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 27.14 (%).Trend:Decrease 27.04% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 96.43 (%).Trend:Increase 255.31% than previous quarter

Overall: increasing (159.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.36 (%).Trend:Increase 0.73% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.08 (%).Trend:Increase 5.83% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.96 (%).Trend:Increase 6.73% than previous quarter

Overall: increasing (12.94%). 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 16.13 (%).Trend:Increase 9.73% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 17.37 (%).Trend:Increase 7.69% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 17.48 (%).Trend:Increase 0.63% than previous quarter

Overall: increasing (8.37%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency demonstrates substantial volatility. Liabilities on revenue increased drastically in Q2 2022, then decreased significantly before increasing again in Q1 2023. Similarly, current assets on revenue followed a highly variable pattern. Cost efficiency exhibits significant volatility in the ratio of retained earnings to revenue, with a marked increase in Q1 2023. SG&A expense ratio shows minimal fluctuation, increasing gradually. Investment efficiency shows steady increases in retained earnings on assets.