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 21.78 (%).Trend:Decrease 51.51% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 14.23 (%).Trend:Decrease 34.66% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 43.63 (%).Trend:Increase 206.61% than previous quarter

Overall: increasing (100.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 41.5 (%).Trend:Decrease 48.33% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 28.33 (%).Trend:Decrease 31.73% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 85.53 (%).Trend:Increase 201.91% than previous quarter

Overall: increasing (106.1%). 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 48.47 (%).Trend:Decrease 50.36% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 28.4 (%).Trend:Decrease 41.41% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 77.27 (%).Trend:Increase 172.08% than previous quarter

Overall: increasing (59.42%). 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 27.21 (%).Trend:Increase 0.07% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.18 (%).Trend:Decrease 11.14% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 25.48 (%).Trend:Increase 5.38% than previous quarter

Overall: decreasing (-6.36%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.3 (USD).Trend:Increase 66.67% than previous quarter
Year 2022 Quarter 3: Earning Per Share -2.67 (USD).Trend:Decrease 990.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.21 (USD).Trend:Decrease 145.32% than previous quarter

Overall: increasing (303.33%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased sharply in Q1 2023, then decreased in Q2 and Q3. Current assets on revenue also exhibit significant volatility, increasing in Q1 2023, then declining in Q2 and Q3. Cost efficiency, measured by the ratio of retained earnings to revenue, is increasing overall but with significant variation across quarters. Invest efficiency shows a small increase in retained earnings on assets, with little fluctuation. Earning per share also shows significant fluctuations, from a positive value in Q2 2022 to negative in Q3 2022, then positive again in Q1 2023.