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 57.64 (%).Trend:Decrease 51.59% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 42.7 (%).Trend:Decrease 25.92% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 117.18 (%).Trend:Increase 174.43% than previous quarter

Overall: increasing (103.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 53.42 (%).Trend:Decrease 56.77% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 36.92 (%).Trend:Decrease 30.89% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 109.92 (%).Trend:Increase 197.72% than previous quarter

Overall: increasing (105.77%). 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 5.75 (%).Trend:Decrease 50.64% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 1.74 (%).Trend:Decrease 69.74% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 2.77 (%).Trend:Increase 59.2% than previous quarter

Overall: decreasing (-51.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.71 (%).Trend:Increase 9.81% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.13 (%).Trend:Increase 7.36% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.64 (%).Trend:Decrease 7.99% than previous quarter

Overall: decreasing (-1.23%). 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 3.63 (%).Trend:Decrease 4.22% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 1.57 (%).Trend:Decrease 56.75% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 0.93 (%).Trend:Decrease 40.76% than previous quarter

Overall: decreasing (-74.38%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 3.65 (USD).Trend:Increase 72.99% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.86 (USD).Trend:Increase 33.15% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.89 (USD).Trend:Decrease 61.11% than previous quarter

Overall: decreasing (-48.22%). Fluctuation: **Significant** (high variation).



Financial statements reveal significant volatility across several key areas. Working capital efficiency shows large swings in liabilities and current assets on revenue.  Cost efficiency demonstrates a clear downward trend in the ratio of retained earnings to revenue. However, SG&A expense ratio displays a minor downward trend. Invest efficiency consistently shows declining retained earnings on assets. Earning per share displays significant fluctuations.