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 26.62 (%).Trend:Decrease 51.16% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 18.27 (%).Trend:Decrease 31.37% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 55.34 (%).Trend:Increase 202.9% than previous quarter

Overall: increasing (107.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 41.44 (%).Trend:Decrease 46.35% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 25.23 (%).Trend:Decrease 39.12% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 93.06 (%).Trend:Increase 268.85% than previous quarter

Overall: increasing (124.57%). 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 59.82 (%).Trend:Decrease 48.65% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 41.98 (%).Trend:Decrease 29.82% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 159.98 (%).Trend:Increase 281.09% than previous quarter

Overall: increasing (167.44%). 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 60.28 (%).Trend:Increase 1.53% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 61.84 (%).Trend:Increase 2.59% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 63.83 (%).Trend:Increase 3.22% than previous quarter

Overall: increasing (5.89%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 5.66 (USD).Trend:Increase 117.69% than previous quarter
Year 2022 Quarter 3: Earning Per Share 8.29 (USD).Trend:Increase 46.47% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.9 (USD).Trend:Decrease 77.08% than previous quarter

Overall: decreasing (-66.43%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 indicate high volatility in working capital and cost efficiency. Liabilities and current assets on revenue show substantial increases and decreases, suggesting instability in cash flow. The ratio of retained earnings to revenue demonstrates the same pattern of fluctuation.  Investment efficiency exhibits consistent growth in retained earnings on assets. Earnings per share, however, decreased significantly in Q1 2023. These factors combined suggest significant variability in financial performance.