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 34.9 (%).Trend:Decrease 49.49% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.22 (%).Trend:Decrease 33.47% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 75.88 (%).Trend:Increase 226.79% than previous quarter

Overall: increasing (117.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 82.8 (%).Trend:Decrease 47.9% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 54.97 (%).Trend:Decrease 33.61% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 162.73 (%).Trend:Increase 196.03% than previous quarter

Overall: increasing (96.53%). 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 34.15 (%).Trend:Decrease 47.93% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 24.03 (%).Trend:Decrease 29.63% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 73.46 (%).Trend:Increase 205.7% than previous quarter

Overall: increasing (115.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 22.78 (%).Trend:Increase 2.15% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 24.49 (%).Trend:Increase 7.51% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 25.59 (%).Trend:Increase 4.49% than previous quarter

Overall: increasing (12.34%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.44 (USD).Trend:Increase 105.04% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.23 (USD).Trend:Increase 73.36% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.45 (USD).Trend:Decrease 65.72% than previous quarter

Overall: decreasing (-40.57%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows considerable volatility.  Working capital efficiency metrics (liabilities and current assets on revenue) trend upward overall but with significant,  and potentially problematic, quarterly fluctuations. Cost efficiency, indicated by the ratio of retained earnings to revenue, also shows a similarly problematic fluctuating trend, moving upward overall but not consistently.  Investment efficiency demonstrates a very stable increase in retained earnings on assets. Earnings per share displays significant fluctuation, increasing from Q2 to Q3 2022, but declining in Q1 2023 before increasing again in Q2 2023.  The data suggests overall increases in some measures, but the substantial quarter-to-quarter variations are a major concern.