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 72.65 (%).Trend:Decrease 59.03% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.27 (%).Trend:Decrease 56.96% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 88.38 (%).Trend:Increase 182.64% than previous quarter

Overall: increasing (21.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 181.61 (%).Trend:Decrease 46.38% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 103.3 (%).Trend:Decrease 43.12% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 328.38 (%).Trend:Increase 217.89% than previous quarter

Overall: increasing (80.82%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.43 (%).Trend:Decrease 3.68% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.0 (%).Trend:Increase 10.17% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.71 (%).Trend:Increase 4.18% than previous quarter

Overall: increasing (14.78%). 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
Earning Per Share


Financial analysis reveals significant fluctuation in working capital metrics. Liabilities on revenue, after a large decline, rose in Q1 2023, followed by a decrease in Q2 2023. Current assets on revenue also exhibited significant variation, increasing after a decline. Cost efficiency showed a very small upward trend with SG&A expense ratio.  Investment efficiency figures are missing from the provided statements.