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 17.73 (%).Trend:Decrease 53.9% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 11.03 (%).Trend:Decrease 37.79% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 34.05 (%).Trend:Increase 208.7% than previous quarter

Overall: increasing (92.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 26.81 (%).Trend:Decrease 53.33% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 18.38 (%).Trend:Decrease 31.44% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 57.89 (%).Trend:Increase 214.96% than previous quarter

Overall: increasing (115.93%). 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 7.77 (%).Trend:Decrease 48.41% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 5.48 (%).Trend:Decrease 29.47% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 17.15 (%).Trend:Increase 212.96% than previous quarter

Overall: increasing (120.72%). 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 14.36 (%).Trend:Increase 8.95% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 15.07 (%).Trend:Increase 4.94% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 15.76 (%).Trend:Increase 4.58% than previous quarter

Overall: increasing (9.75%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.47 (USD).Trend:Increase 84.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.62 (USD).Trend:Increase 46.56% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.12 (USD).Trend:Decrease 69.06% than previous quarter

Overall: decreasing (-54.66%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows significant volatility.  Liabilities on revenue decreased then increased considerably. Current assets on revenue also display a sharp decline followed by a major increase.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows significant declines followed by considerable increases.  Investment efficiency, measured by retained earnings on assets, shows consistent and low-variance growth. Earnings per share show a substantial increase, then decrease, and a slight rise.