Working Capital Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 2: Liabilities on Revenue 30.08 (%).Trend:Decrease 50.59% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 17.41 (%).Trend:Decrease 42.12% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 55.21 (%).Trend:Increase 217.12% than previous quarter

Overall: increasing (83.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 59.43 (%).Trend:Decrease 50.0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 38.59 (%).Trend:Decrease 35.07% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 153.29 (%).Trend:Increase 297.23% than previous quarter

Overall: increasing (157.93%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 4.17 (%).Trend:Decrease 423.26% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 5.83 (%).Trend:Increase 39.81% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 36.73 (%).Trend:Increase 530.02% than previous quarter

Overall: increasing (780.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 2: Retained Earning on Assets 2.29 (%).Trend:Decrease 754.29% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 4.77 (%).Trend:Increase 108.3% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 10.41 (%).Trend:Increase 118.24% than previous quarter

Overall: increasing (354.59%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.78 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.67 (USD).Trend:Increase 50.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.25 (USD).Trend:Decrease 15.73% than previous quarter

Overall: increasing (26.4%). Fluctuation: **Neutral** (moderate variation).



Financial performance from Q2 2021 to Q1 2023 shows substantial volatility. Liabilities and current assets on revenue exhibit significant increases, with substantial fluctuations, suggesting a need for further investigation into the causes of the variations.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows an extreme upward trend (780.82%), despite significant swings.  Investment efficiency and earnings per share also show increasing trends (354.59% and 26.4%, respectively), but with fluctuations that warrant careful examination.