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 22.73 (%).Trend:Decrease 66.31% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.08 (%).Trend:Increase 10.34% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 63.67 (%).Trend:Increase 153.87% than previous quarter

Overall: increasing (180.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 76.07 (%).Trend:Decrease 49.25% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 48.03 (%).Trend:Decrease 36.86% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 80.02 (%).Trend:Increase 66.6% than previous quarter

Overall: increasing (5.19%). Fluctuation: **Neutral** (moderate 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 46.16 (%).Trend:Decrease 40.78% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 31.92 (%).Trend:Decrease 30.85% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 99.34 (%).Trend:Increase 211.22% than previous quarter

Overall: increasing (115.21%). 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 21.83 (%).Trend:Increase 27.21% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 18.38 (%).Trend:Decrease 15.8% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 28.0 (%).Trend:Increase 52.34% than previous quarter

Overall: increasing (28.26%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.36 (USD).Trend:Increase 125.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.53 (USD).Trend:Increase 47.22% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 39.62% than previous quarter

Overall: decreasing (-11.11%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 show mixed results.  Liabilities on revenue increased significantly (180.11%) despite fluctuating quarter-to-quarter.  Current assets on revenue also trended upward, although with substantial quarterly changes. Cost efficiency, reflected by the ratio of retained earnings to revenue, experienced substantial growth, yet with notable quarterly differences. Investment efficiency also shows an increasing trend (28.26%), while earnings per share decreased slightly (-11.11%).  These results suggest significant volatility across different financial aspects.