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 29.54 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 16.6 (%).Trend:Decrease 43.81% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 45.15 (%).Trend:Increase 171.99% than previous quarter

Overall: increasing (52.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 97.53 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 61.16 (%).Trend:Decrease 37.29% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 156.33 (%).Trend:Increase 155.61% than previous quarter

Overall: increasing (60.29%). 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 50.81 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 33.71 (%).Trend:Decrease 33.65% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 85.26 (%).Trend:Increase 152.92% than previous quarter

Overall: increasing (67.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 34.34 (%).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 36.22 (%).Trend:Increase 5.47% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 35.04 (%).Trend:Decrease 3.26% than previous quarter

Overall: increasing (2.04%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.62 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.57 (USD).Trend:Increase 153.23% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.66 (USD).Trend:Decrease 57.96% than previous quarter

Overall: increasing (6.45%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2022 to Q1 2023 show substantial quarter-to-quarter fluctuations in working capital efficiency, liabilities on revenue, current assets on revenue, ratio of retained earnings to revenue, and earnings per share.  Retained earnings on assets show a relatively stable trend.  The analysis needs to identify the reasons behind the significant variations in revenue-related metrics and earnings per share.  A deeper investigation into the factors driving these fluctuations is necessary for a complete understanding of the financial performance.