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 29.38 (%).Trend:Decrease 43.49% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.41 (%).Trend:Decrease 30.53% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 51.04 (%).Trend:Increase 150.07% than previous quarter

Overall: increasing (73.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 112.0 (%).Trend:Decrease 46.91% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 72.56 (%).Trend:Decrease 35.21% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 204.72 (%).Trend:Increase 182.14% than previous quarter

Overall: increasing (82.79%). 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 217.39 (%).Trend:Decrease 49.95% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 138.59 (%).Trend:Decrease 36.25% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 431.11 (%).Trend:Increase 211.07% than previous quarter

Overall: increasing (98.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.46 (%).Trend:Increase 6.04% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.78 (%).Trend:Decrease 4.74% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 36.85 (%).Trend:Increase 9.09% than previous quarter

Overall: increasing (3.92%). 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 49.71 (%).Trend:Increase 0.81% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 49.25 (%).Trend:Decrease 0.93% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 49.45 (%).Trend:Increase 0.41% than previous quarter

Overall: decreasing (-0.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 3.82 (USD).Trend:Increase 114.61% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.36 (USD).Trend:Increase 40.31% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.28 (USD).Trend:Decrease 57.46% than previous quarter

Overall: decreasing (-40.31%). Fluctuation: **Significant** (high variation).



Key insights from Q2 2022 to Q1 2023 reveal substantial increases in working capital efficiency metrics: liabilities on revenue (73.72%) and current assets on revenue (82.79%).  The ratio of retained earnings to revenue also saw a major increase (98.31%), contrasting with a minor rise in SG&A expenses (3.92%).  Investment efficiency, as shown by retained earnings on assets, slightly decreased (-0.52%), while earnings per share dropped considerably (-40.31%).