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 22.73 (%).Trend:Decrease 66.31% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.08 (%).Trend:Increase 10.34% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 63.67 (%).Trend:Increase 153.87% than previous quarter

Overall: increasing (180.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 76.07 (%).Trend:Decrease 49.25% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 48.03 (%).Trend:Decrease 36.86% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 80.02 (%).Trend:Increase 66.6% than previous quarter

Overall: increasing (5.19%). Fluctuation: **Neutral** (moderate 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 46.16 (%).Trend:Decrease 40.78% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 31.92 (%).Trend:Decrease 30.85% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 99.34 (%).Trend:Increase 211.22% than previous quarter

Overall: increasing (115.21%). 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 21.83 (%).Trend:Increase 27.21% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 18.38 (%).Trend:Decrease 15.8% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 28.0 (%).Trend:Increase 52.34% than previous quarter

Overall: increasing (28.26%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.36 (USD).Trend:Increase 125.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.53 (USD).Trend:Increase 47.22% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 39.62% than previous quarter

Overall: decreasing (-11.11%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 illustrate a complex financial picture.  Liabilities on revenue saw a substantial increase (180.11%) despite significant quarterly volatility.  Current assets on revenue also trended upward (5.19%), with fluctuating quarters.  Cost efficiency, reflected by retained earnings on revenue, showed a marked increase (115.21%), again with substantial quarterly fluctuations.  Investment efficiency also showed an overall increase (28.26%).  Earnings per share, however, decreased slightly (-11.11%), marked by significant swings in individual quarters.