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 60.59 (%).Trend:Decrease 52.95% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 35.03 (%).Trend:Decrease 42.19% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 143.37 (%).Trend:Increase 309.28% than previous quarter

Overall: increasing (136.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 78.52 (%).Trend:Decrease 50.53% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 47.12 (%).Trend:Decrease 39.99% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 162.4 (%).Trend:Increase 244.65% than previous quarter

Overall: increasing (106.83%). 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 146.68 (%).Trend:Decrease 56.4% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 94.63 (%).Trend:Decrease 35.49% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 388.33 (%).Trend:Increase 310.37% than previous quarter

Overall: increasing (164.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.59 (%).Trend:Decrease 23.37% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.49 (%).Trend:Decrease 3.86% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.54 (%).Trend:Increase 42.17% than previous quarter

Overall: increasing (36.68%). Fluctuation: **Neutral** (moderate 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 56.85 (%).Trend:Increase 0.91% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 59.13 (%).Trend:Increase 4.01% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 61.23 (%).Trend:Increase 3.55% than previous quarter

Overall: increasing (7.7%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 6.11 (USD).Trend:Increase 89.16% than previous quarter
Year 2022 Quarter 3: Earning Per Share 8.58 (USD).Trend:Increase 40.43% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.3 (USD).Trend:Decrease 84.85% than previous quarter

Overall: decreasing (-78.72%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 displays substantial fluctuations. Liabilities and current assets on revenue show significant increases, contrasting with decreases in the preceding period.  The ratio of retained earnings to revenue increased sharply, and earnings per share decreased notably.  Retained earnings on assets demonstrated a consistent increase. SG&A expenses showed an increase in Q1 2023, but overall the cost efficiency is neutral. The report highlights significant variance in key metrics, necessitating further review.