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 56.4 (%).Trend:Decrease 45.42% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.32 (%).Trend:Decrease 44.47% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 163.96 (%).Trend:Increase 423.5% than previous quarter

Overall: increasing (190.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 66.26 (%).Trend:Decrease 43.58% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 38.54 (%).Trend:Decrease 41.84% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 193.75 (%).Trend:Increase 402.72% than previous quarter

Overall: increasing (192.41%). 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 16.77 (%).Trend:Decrease 40.34% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 13.85 (%).Trend:Decrease 17.41% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 58.3 (%).Trend:Increase 320.94% than previous quarter

Overall: increasing (247.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.29 (%).Trend:Decrease 1.59% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.51 (%).Trend:Decrease 4.51% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.23 (%).Trend:Increase 28.59% than previous quarter

Overall: increasing (22.79%). Fluctuation: **Neutral** (moderate 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 10.13 (%).Trend:Increase 24.6% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 13.84 (%).Trend:Increase 36.62% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 12.78 (%).Trend:Decrease 7.66% than previous quarter

Overall: increasing (26.16%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial statements from Q2 2022 to Q1 2023 highlight significant volatility. Liabilities and current assets on revenue showed major increases in Q1 2023 after a period of decline in prior quarters. Cost efficiency, particularly the ratio of retained earnings to revenue, experienced large increases in Q1 2023. The SG&A expense ratio reveals a moderate, but consistent, downward trend.  Investment efficiency, measured by retained earnings on assets, displays a slight upward trend with fluctuations.