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 45.18 (%).Trend:Decrease 49.95% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.65 (%).Trend:Decrease 34.37% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 87.52 (%).Trend:Increase 195.18% than previous quarter

Overall: increasing (93.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 47.74 (%).Trend:Decrease 49.35% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 33.01 (%).Trend:Decrease 30.85% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 86.01 (%).Trend:Increase 160.56% than previous quarter

Overall: increasing (80.16%). 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 -12.7 (%).Trend:Decrease 50.78% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -7.33 (%).Trend:Decrease 42.28% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -17.98 (%).Trend:Increase 145.29% than previous quarter

Overall: decreasing (41.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.35 (%).Trend:Increase 0.94% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.23 (%).Trend:Decrease 0.65% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.12 (%).Trend:Decrease 0.6% than previous quarter

Overall: decreasing (-1.25%). 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 -11.96 (%).Trend:Decrease 3.63% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -10.59 (%).Trend:Decrease 11.45% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -9.38 (%).Trend:Decrease 11.43% than previous quarter

Overall: increasing (-21.57%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.68 (USD).Trend:Increase 47.37% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.06 (USD).Trend:Increase 82.14% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.79 (USD).Trend:Decrease 41.5% than previous quarter

Overall: increasing (6.55%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, liabilities and current assets on revenue increased significantly, indicating potential growth or improved working capital management. The ratio of retained earnings to revenue worsened considerably.  The SG&A expense ratio decreased slightly. Retained earnings on assets improved, while earnings per share showed modest growth despite significant fluctuation.