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 40.31 (%).Trend:Decrease 49.58% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 26.67 (%).Trend:Decrease 33.84% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 102.72 (%).Trend:Increase 285.15% than previous quarter

Overall: increasing (154.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 113.58 (%).Trend:Decrease 51.36% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 72.52 (%).Trend:Decrease 36.15% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 244.83 (%).Trend:Increase 237.6% than previous quarter

Overall: increasing (115.56%). 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 50.25 (%).Trend:Decrease 51.11% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 32.48 (%).Trend:Decrease 35.36% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 35.39 (%).Trend:Increase 8.96% than previous quarter

Overall: decreasing (-29.57%). Fluctuation: **Neutral** (moderate 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 7.7 (%).Trend:Decrease 1.03% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 7.23 (%).Trend:Decrease 6.1% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 2.47 (%).Trend:Decrease 65.84% than previous quarter

Overall: decreasing (-67.92%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant fluctuation. Liabilities on revenue increased dramatically in Q1 2023, then decreased in Q2 2023, but are still higher than Q2 2022.  Current assets on revenue also show a similar pattern of significant fluctuation, with a massive increase in Q1 2023, followed by a decrease in Q2 2023.  Cost efficiency (ratio of retained earnings to revenue) displays moderate fluctuation, trending downward overall.  Investment efficiency (retained earnings on assets) is significantly decreasing.