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 40.41 (%).Trend:Decrease 46.41% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.44 (%).Trend:Decrease 32.1% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 76.56 (%).Trend:Increase 179.01% than previous quarter

Overall: increasing (89.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 137.65 (%).Trend:Decrease 50.95% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 94.49 (%).Trend:Decrease 31.35% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 295.38 (%).Trend:Increase 212.6% than previous quarter

Overall: increasing (114.59%). 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 10.28 (%).Trend:Decrease 41.46% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 8.07 (%).Trend:Decrease 21.5% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 35.65 (%).Trend:Increase 341.76% than previous quarter

Overall: increasing (246.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.12 (%).Trend:Decrease 15.2% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.11 (%).Trend:Decrease 0.07% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.74 (%).Trend:Increase 4.46% than previous quarter

Overall: increasing (4.39%). 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 3.72 (%).Trend:Increase 21.57% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 4.36 (%).Trend:Increase 17.2% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 6.21 (%).Trend:Increase 42.43% than previous quarter

Overall: increasing (66.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.23 (USD).Trend:Increase 475.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.43 (USD).Trend:Increase 86.96% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.08 (USD).Trend:Decrease 81.4% than previous quarter

Overall: decreasing (-65.22%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2022 – Q1 2023 data reveals significant changes. Liabilities on revenue showed an overall increase of 89.46%, current assets on revenue increased by 114.59%, and the ratio of retained earnings to revenue increased sharply (246.79%).  The SG&A expense ratio had a modest increase (4.39%), and retained earnings on assets increased substantially (66.94%).  However, earnings per share notably decreased by 65.22%, highlighting significant fluctuation across most indicators.