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 33.8 (%).Trend:Decrease 35.39% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 23.82 (%).Trend:Decrease 29.53% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 76.88 (%).Trend:Increase 222.75% than previous quarter

Overall: increasing (127.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 211.82 (%).Trend:Decrease 51.03% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 138.71 (%).Trend:Decrease 34.52% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 420.03 (%).Trend:Increase 202.81% than previous quarter

Overall: increasing (98.3%). 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 35.56 (%).Trend:Decrease 47.02% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 26.33 (%).Trend:Decrease 25.96% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 95.16 (%).Trend:Increase 261.41% than previous quarter

Overall: increasing (167.6%). 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 11.85 (%).Trend:Increase 5.24% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 12.75 (%).Trend:Increase 7.59% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 14.7 (%).Trend:Increase 15.29% than previous quarter

Overall: increasing (24.05%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.4 (USD).Trend:Increase 122.22% than previous quarter
Year 2022 Quarter 3: Earning Per Share 0.77 (USD).Trend:Increase 92.5% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.29 (USD).Trend:Decrease 62.34% than previous quarter

Overall: decreasing (-27.5%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2022 to Q1 2023 shows mixed results.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased overall, but with significant quarterly volatility.  Retained earnings on assets showed a gradual increase with moderate variation. Earnings per share decreased overall, displaying significant volatility.