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 97.13 (%).Trend:Decrease 53.15% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 79.03 (%).Trend:Decrease 18.63% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 266.99 (%).Trend:Increase 237.83% than previous quarter

Overall: increasing (174.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 97.82 (%).Trend:Decrease 57.11% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 69.22 (%).Trend:Decrease 29.24% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 235.43 (%).Trend:Increase 240.12% than previous quarter

Overall: increasing (140.68%). 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 42.71 (%).Trend:Decrease 41.5% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 30.41 (%).Trend:Decrease 28.8% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 111.29 (%).Trend:Increase 265.97% than previous quarter

Overall: increasing (160.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.9 (%).Trend:Increase 5.43% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.3 (%).Trend:Increase 3.79% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 42.07 (%).Trend:Increase 9.84% than previous quarter

Overall: increasing (14.01%). 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 9.21 (%).Trend:Increase 23.29% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 9.45 (%).Trend:Increase 2.61% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 10.21 (%).Trend:Increase 8.04% than previous quarter

Overall: increasing (10.86%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.62 (USD).Trend:Increase 63.64% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.95 (USD).Trend:Increase 20.37% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.36 (USD).Trend:Decrease 81.54% than previous quarter

Overall: decreasing (-77.78%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows significant increases in liabilities and current assets on revenue and the ratio of retained earnings to revenue, suggesting potential positive trends.  The SG&A expense ratio also increased steadily. However, a substantial decrease in earnings per share (-77.78%) warrants further investigation.  Retained earnings on assets showed a small but consistent increase.