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 32.14 (%).Trend:Decrease 55.5% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.74 (%).Trend:Decrease 26.14% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 70.99 (%).Trend:Increase 199.03% than previous quarter

Overall: increasing (120.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 57.05 (%).Trend:Decrease 48.16% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 40.86 (%).Trend:Decrease 28.38% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 140.76 (%).Trend:Increase 244.49% than previous quarter

Overall: increasing (146.73%). 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 -76.88 (%).Trend:Decrease 52.6% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -49.78 (%).Trend:Decrease 35.25% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -114.04 (%).Trend:Increase 129.09% than previous quarter

Overall: decreasing (48.34%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.41 (%).Trend:Increase 2.98% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.26 (%).Trend:Decrease 1.31% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.74 (%).Trend:Increase 4.26% than previous quarter

Overall: increasing (2.89%). 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 -22.74 (%).Trend:Decrease 6.23% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets -22.23 (%).Trend:Decrease 2.24% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -17.48 (%).Trend:Decrease 21.37% than previous quarter

Overall: increasing (-23.13%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.59 (USD).Trend:Increase 96.21% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.02 (USD).Trend:Increase 55.21% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.85 (USD).Trend:Decrease 53.98% than previous quarter

Overall: decreasing (-28.57%). Fluctuation: **Significant** (high variation).



The period from Q2 2022 to Q1 2023 shows considerable fluctuation. Liabilities and current assets on revenue increased dramatically (120.88% and 146.73% respectively). The ratio of retained earnings to revenue decreased significantly (-48.34%),  while the SG&A expense ratio increased slightly (2.89%).  Retained earnings on assets increased (-23.13%), and earnings per share decreased significantly (-28.57%).