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 36.71 (%).Trend:Decrease 49.55% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 24.48 (%).Trend:Decrease 33.32% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 110.32 (%).Trend:Increase 350.65% than previous quarter

Overall: increasing (200.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 46.8 (%).Trend:Decrease 45.91% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 35.47 (%).Trend:Decrease 24.21% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 97.25 (%).Trend:Increase 174.18% than previous quarter

Overall: increasing (107.8%). 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 469.28 (%).Trend:Decrease 47.78% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 300.87 (%).Trend:Decrease 35.89% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 950.29 (%).Trend:Increase 215.85% than previous quarter

Overall: increasing (102.5%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.78 (%).Trend:Increase 11.38% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.66 (%).Trend:Decrease 0.5% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.75 (%).Trend:Increase 4.61% than previous quarter

Overall: increasing (4.08%). 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 191.41 (%).Trend:Increase 1.54% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 224.91 (%).Trend:Increase 17.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 236.07 (%).Trend:Increase 4.96% than previous quarter

Overall: increasing (23.33%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -0.18 (USD).Trend:Increase 50.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -3.12 (USD).Trend:Increase 1633.33% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.68 (USD).Trend:Decrease 46.15% than previous quarter

Overall: decreasing (833.33%). Fluctuation: **Significant** (high variation).



Between Q2 2022 and Q1 2023, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased significantly, displaying high variation. The SG&A expense ratio showed a small increase with little fluctuation. Retained earnings on assets increased with moderate variation. Earning per share decreased dramatically, showing significant fluctuation.