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 34.26 (%).Trend:Decrease 46.61% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 30.69 (%).Trend:Decrease 10.42% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 76.07 (%).Trend:Increase 147.87% than previous quarter

Overall: increasing (122.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 127.44 (%).Trend:Decrease 42.94% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 64.96 (%).Trend:Decrease 49.03% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 164.26 (%).Trend:Increase 152.86% than previous quarter

Overall: increasing (28.89%). 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 124.8 (%).Trend:Decrease 46.41% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 82.49 (%).Trend:Decrease 33.9% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 254.06 (%).Trend:Increase 207.99% than previous quarter

Overall: increasing (103.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.75 (%).Trend:Increase 6.26% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.99 (%).Trend:Decrease 3.2% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.92 (%).Trend:Decrease 9.0% than previous quarter

Overall: decreasing (-11.92%). 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 44.99 (%).Trend:Increase 2.53% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 27.26 (%).Trend:Decrease 39.41% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 32.24 (%).Trend:Increase 18.27% than previous quarter

Overall: decreasing (-28.34%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 5.77 (USD).Trend:Increase 101.75% than previous quarter
Year 2022 Quarter 3: Earning Per Share 7.76 (USD).Trend:Increase 34.49% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.59 (USD).Trend:Decrease 53.74% than previous quarter

Overall: decreasing (-37.78%). Fluctuation: **Significant** (high variation).



Working capital efficiency fluctuates significantly.  Liabilities on revenue are increasing overall (122.04%) with dramatic quarter-to-quarter swings, with the largest jump in Q1 2023. Current assets on revenue are also increasing overall (28.89%) with similar considerable volatility, including a notable rise in Q1 2023.  Cost efficiency shows a substantial increase (103.57%) in the ratio of retained earnings to revenue, with a large spike in Q1 2023.  SG&A expense ratios are decreasing slightly. Investment efficiency is trending down, with a moderate amount of fluctuation. Earning per share is decreasing overall (37.78%).