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 66.67 (%).Trend:Decrease 49.14% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 43.74 (%).Trend:Decrease 34.39% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 126.99 (%).Trend:Increase 190.33% than previous quarter

Overall: increasing (90.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 113.47 (%).Trend:Decrease 45.77% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 74.67 (%).Trend:Decrease 34.19% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 218.0 (%).Trend:Increase 191.95% than previous quarter

Overall: increasing (92.12%). 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 32.89 (%).Trend:Decrease 46.93% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 21.92 (%).Trend:Decrease 33.35% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 38.7 (%).Trend:Increase 76.55% than previous quarter

Overall: increasing (17.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.14 (%).Trend:Increase 3.39% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.47 (%).Trend:Decrease 2.47% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.24 (%).Trend:Increase 6.69% than previous quarter

Overall: increasing (4.05%). 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 14.33 (%).Trend:Increase 0.63% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 14.7 (%).Trend:Increase 2.58% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 8.36 (%).Trend:Decrease 43.13% than previous quarter

Overall: decreasing (-41.66%). Fluctuation: **Significant** (high variation).

Earning Per Share


Significant fluctuations are observed in working capital efficiency metrics (Liabilities on Revenue and Current Assets on Revenue)  from Q2 2022 to Q1 2023, showing a substantial increase. Cost efficiency, as measured by the Ratio of Retained Earnings to Revenue, also increased significantly, while SG&A expense ratio increased slightly.  Investment efficiency, indicated by Retained Earning on Assets, decreased significantly.