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 34.33 (%).Trend:Decrease 49.68% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.87 (%).Trend:Decrease 33.38% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 53.61 (%).Trend:Increase 134.41% than previous quarter

Overall: increasing (56.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 57.06 (%).Trend:Decrease 49.31% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 37.88 (%).Trend:Decrease 33.61% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 116.7 (%).Trend:Increase 208.08% than previous quarter

Overall: increasing (104.52%). 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 179.92 (%).Trend:Decrease 51.33% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 121.99 (%).Trend:Decrease 32.2% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 388.62 (%).Trend:Increase 218.57% than previous quarter

Overall: increasing (116.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.65 (%).Trend:Decrease 2.77% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.16 (%).Trend:Decrease 2.49% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.21 (%).Trend:Increase 5.48% than previous quarter

Overall: increasing (2.85%). 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 62.63 (%).Trend:Increase 2.39% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 65.13 (%).Trend:Increase 3.99% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 71.42 (%).Trend:Increase 9.66% than previous quarter

Overall: increasing (14.03%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.06 (USD).Trend:Increase 119.15% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 45.63% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter

Overall: decreasing (-51.46%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2022 to Q1 2023 show a somewhat improved but still volatile financial situation. Working capital efficiency (liabilities and current assets on revenue) increased with significant variation, potentially hinting at improved operational efficiency but caution is required due to fluctuation.  Cost efficiency, as measured by the ratio of retained earnings to revenue, showed increased variability and increase, however, volatility warrants further scrutiny.  SG&A expense ratio demonstrated little change, indicating stability. Investment efficiency continued its upward trend with steady growth. Earnings per share displayed a significant decrease, requiring thorough investigation into the cause of this change.