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 22.24 (%).Trend:Decrease 50.92% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 14.82 (%).Trend:Decrease 33.36% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 41.94 (%).Trend:Increase 183.0% than previous quarter

Overall: increasing (88.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 68.37 (%).Trend:Decrease 49.1% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 44.73 (%).Trend:Decrease 34.58% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 130.82 (%).Trend:Increase 192.47% than previous quarter

Overall: increasing (91.34%). 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 78.58 (%).Trend:Decrease 48.53% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 52.98 (%).Trend:Decrease 32.58% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 164.92 (%).Trend:Increase 211.29% than previous quarter

Overall: increasing (109.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.26 (%).Trend:Decrease 3.71% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.12 (%).Trend:Decrease 1.93% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.5 (%).Trend:Increase 5.34% than previous quarter

Overall: increasing (3.31%). 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 41.21 (%).Trend:Increase 2.82% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 41.27 (%).Trend:Increase 0.15% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 40.49 (%).Trend:Decrease 1.89% than previous quarter

Overall: decreasing (-1.75%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 5.93 (USD).Trend:Increase 118.82% than previous quarter
Year 2022 Quarter 3: Earning Per Share 8.74 (USD).Trend:Increase 47.39% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.12 (USD).Trend:Decrease 75.74% than previous quarter

Overall: decreasing (-64.25%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, liabilities on revenue and current assets on revenue significantly increased (88.58% and 91.34% respectively), both with substantial fluctuation.  The ratio of retained earnings to revenue also increased dramatically (109.88%) with significant fluctuation. In contrast, the SG&A expense ratio showed a small increase (3.31%) with low variation. Retained earnings on assets slightly decreased (-1.75%) with little fluctuation, whereas earnings per share decreased significantly (-64.25%) with high variation.