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 53.17 (%).Trend:Decrease 35.06% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 48.2 (%).Trend:Decrease 9.35% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 115.12 (%).Trend:Increase 138.84% than previous quarter

Overall: increasing (116.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 47.72 (%).Trend:Decrease 43.65% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 37.49 (%).Trend:Decrease 21.44% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 89.87 (%).Trend:Increase 139.72% than previous quarter

Overall: increasing (88.33%). 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 44.6 (%).Trend:Decrease 34.62% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 30.92 (%).Trend:Decrease 30.67% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 68.17 (%).Trend:Increase 120.47% than previous quarter

Overall: increasing (52.85%). Fluctuation: **Significant** (high 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 8.4 (%).Trend:Decrease 0.71% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 7.87 (%).Trend:Decrease 6.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 9.3 (%).Trend:Increase 18.17% than previous quarter

Overall: increasing (10.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.65 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 39.39% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-39.39%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 demonstrates significant fluctuations. Liabilities on revenue and current assets on revenue increased from Q3 2022 to Q1 2023 but have decreased from Q1 2023 to Q2 2023. Cost efficiency, as measured by the retained earnings-to-revenue ratio, also shows a significant increase overall. Investment efficiency is relatively stable overall. Earning per share (EPS) overall shows a decrease.