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 624.66 (%).Trend:Decrease 51.8% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 510.13 (%).Trend:Decrease 18.33% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 929.08 (%).Trend:Increase 82.13% than previous quarter

Overall: increasing (48.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 650.41 (%).Trend:Decrease 52.11% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 516.58 (%).Trend:Decrease 20.58% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 900.67 (%).Trend:Increase 74.35% than previous quarter

Overall: increasing (38.48%). 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 254.68 (%).Trend:Decrease 50.59% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 165.75 (%).Trend:Decrease 34.92% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 499.07 (%).Trend:Increase 201.1% than previous quarter

Overall: increasing (95.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.11 (%).Trend:Increase 1.81% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.75 (%).Trend:Decrease 1.88% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.98 (%).Trend:Increase 1.23% than previous quarter

Overall: decreasing (-0.68%). 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 33.86 (%).Trend:Increase 2.82% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 28.45 (%).Trend:Decrease 15.98% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 45.38 (%).Trend:Increase 59.51% than previous quarter

Overall: increasing (34.02%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 3.32 (USD).Trend:Increase 100.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.53 (USD).Trend:Increase 66.57% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.88 (USD).Trend:Decrease 66.0% than previous quarter

Overall: decreasing (-43.37%). Fluctuation: **Significant** (high variation).



Analyzing data from Q2 2022 to Q1 2023, the company demonstrates mixed financial performance. Working capital shows increasing liabilities and current assets, both with significant fluctuation. Cost efficiency is marked by a substantial rise in the ratio of retained earnings to revenue (95.96%), though with high variation, and a slight decrease in SG&A expenses (-0.68%). Investment efficiency improved with increasing retained earnings on assets (34.02%) and moderate variation. However, Earnings Per Share decreased (-43.37%) with significant fluctuation. This suggests a complex financial picture requiring further scrutiny of underlying drivers.