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 25.7 (%).Trend:Decrease 49.21% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 16.62 (%).Trend:Decrease 35.33% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 44.81 (%).Trend:Increase 169.61% than previous quarter

Overall: increasing (74.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 110.9 (%).Trend:Decrease 51.5% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 72.01 (%).Trend:Decrease 35.07% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 197.05 (%).Trend:Increase 173.64% than previous quarter

Overall: increasing (77.68%). 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 188.47 (%).Trend:Decrease 49.94% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 123.82 (%).Trend:Decrease 34.3% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 345.8 (%).Trend:Increase 179.28% than previous quarter

Overall: increasing (83.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.28 (%).Trend:Increase 3.77% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.43 (%).Trend:Increase 0.67% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.66 (%).Trend:Decrease 3.43% than previous quarter

Overall: decreasing (-2.78%). 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 76.0 (%).Trend:Decrease 0.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 76.24 (%).Trend:Increase 0.32% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 76.45 (%).Trend:Increase 0.28% than previous quarter

Overall: increasing (0.59%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q2 2022 to Q1 2023 show considerable fluctuations in working capital efficiency. Liabilities on revenue and current assets on revenue increased significantly in Q1 2023 after considerable decreases in Q2 and Q3 2022. Cost efficiency, as measured by the retained earnings to revenue ratio, also saw substantial growth in Q1 2023 after significant decreases in the prior quarters.  SG&A expense ratio showed a minor, nearly stable trend. Investment efficiency remained relatively consistent with a slight upward trend. The significant variability in core metrics underscores the need for more information to understand the root causes and their effect on the overall financial performance.