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 27.08 (%).Trend:Decrease 25.32% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 40.08 (%).Trend:Increase 48.01% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 39.12 (%).Trend:Decrease 2.4% than previous quarter

Overall: increasing (44.46%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 43.48 (%).Trend:Decrease 28.65% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 29.96 (%).Trend:Decrease 31.09% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 66.2 (%).Trend:Increase 120.96% than previous quarter

Overall: increasing (52.25%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.87 (%).Trend:Decrease 3.49% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.05 (%).Trend:Increase 4.65% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.57 (%).Trend:Increase 12.84% than previous quarter

Overall: increasing (18.09%). 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
Earning Per Share


Working capital efficiency shows an overall increase in liabilities on revenue (44.46%), but with significant fluctuations. Current assets on revenue also increased (52.25%), with considerable variation. Cost efficiency demonstrates a modest increase in the SG&A expense ratio (18.09%), with minimal fluctuation.  These results suggest an overall improvement in cost efficiency, but working capital management warrants closer scrutiny due to substantial variations.