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 57.37 (%).Trend:Decrease 50.74% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 40.86 (%).Trend:Decrease 28.78% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 143.25 (%).Trend:Increase 250.59% than previous quarter

Overall: increasing (149.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 53.21 (%).Trend:Decrease 52.5% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 33.79 (%).Trend:Decrease 36.5% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 111.35 (%).Trend:Increase 229.54% than previous quarter

Overall: increasing (109.27%). 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 113.32 (%).Trend:Decrease 52.64% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 75.83 (%).Trend:Decrease 33.08% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 217.43 (%).Trend:Increase 186.73% than previous quarter

Overall: increasing (91.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.48 (%).Trend:Decrease 1.8% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.52 (%).Trend:Increase 0.35% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.53 (%).Trend:Increase 121.61% than previous quarter

Overall: increasing (122.39%). Fluctuation: **Significant** (high 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 28.65 (%).Trend:Increase 1.74% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 29.07 (%).Trend:Increase 1.47% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 28.42 (%).Trend:Decrease 2.24% than previous quarter

Overall: decreasing (-0.8%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q2 2022 to Q1 2023 show substantial fluctuations in key metrics. Working capital efficiency (liabilities and current assets on revenue) exhibit significant increases and decreases. Cost efficiency (retained earnings to revenue) show a significant overall increase. Selling, General, and Administrative (SG&A) expenses increase substantially overall. Investment efficiency (retained earnings on assets) shows minimal fluctuation, decreasing overall.  The data suggest high volatility in many financial areas.