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 33.4 (%).Trend:Decrease 48.99% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.98 (%).Trend:Decrease 34.19% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 64.09 (%).Trend:Increase 191.58% than previous quarter

Overall: increasing (91.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 39.34 (%).Trend:Decrease 48.45% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 26.57 (%).Trend:Decrease 32.46% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 83.18 (%).Trend:Increase 213.06% than previous quarter

Overall: increasing (111.44%). 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 25.5 (%).Trend:Decrease 47.6% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 17.62 (%).Trend:Decrease 30.9% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 54.25 (%).Trend:Increase 207.89% than previous quarter

Overall: increasing (112.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.08 (%).Trend:Increase 2.15% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.08 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.56 (%).Trend:Decrease 6.44% than previous quarter

Overall: decreasing (-6.44%). 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 21.32 (%).Trend:Increase 1.96% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 22.17 (%).Trend:Increase 3.99% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 21.97 (%).Trend:Decrease 0.9% than previous quarter

Overall: increasing (3.05%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.85 (USD).Trend:Increase 65.18% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.7 (USD).Trend:Increase 45.95% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.58 (USD).Trend:Decrease 78.52% than previous quarter

Overall: decreasing (-68.65%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 exhibits considerable volatility across key metrics. Working capital efficiency increased dramatically, though with significant variation.  Cost efficiency also saw a substantial increase but with substantial variation. SG&A expense ratio decreased slightly, with little fluctuation. Investment efficiency remained steady with a slight increase in retained earnings on assets. Earnings per share experienced a substantial decrease in Q1 2023. This volatile pattern requires careful review.