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 55.26 (%).Trend:Decrease 41.6% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 38.05 (%).Trend:Decrease 31.14% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 110.25 (%).Trend:Increase 189.75% than previous quarter

Overall: increasing (99.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 111.03 (%).Trend:Decrease 46.5% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 73.81 (%).Trend:Decrease 33.52% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 232.23 (%).Trend:Increase 214.63% than previous quarter

Overall: increasing (109.16%). 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 4.88 (%).Trend:Decrease 48.63% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 2.78 (%).Trend:Decrease 43.03% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 30.81 (%).Trend:Increase 1008.27% than previous quarter

Overall: increasing (531.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.47 (%).Trend:Decrease 1.77% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.3 (%).Trend:Decrease 0.69% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.86 (%).Trend:Decrease 1.81% than previous quarter

Overall: decreasing (-2.49%). 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 1.53 (%).Trend:Decrease 0.65% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 1.33 (%).Trend:Decrease 13.07% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 4.95 (%).Trend:Increase 272.18% than previous quarter

Overall: increasing (223.53%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.86 (USD).Trend:Increase 97.87% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.95 (USD).Trend:Increase 58.6% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.1% than previous quarter

Overall: decreasing (-46.24%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2022 to Q1 2023 reveals significant fluctuations across key metrics. Liabilities and current assets on revenue increased substantially (99.51% and 109.16%, respectively).  The ratio of retained earnings to revenue also saw a dramatic increase (531.35%), while SG&A expense ratio remained relatively stable (-2.49%). Retained earnings on assets increased significantly (223.53%), however, earnings per share decreased significantly (-46.24%).