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 22.91 (%).Trend:Decrease 50.94% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 16.21 (%).Trend:Decrease 29.24% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 45.96 (%).Trend:Increase 183.53% than previous quarter

Overall: increasing (100.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 68.81 (%).Trend:Decrease 41.8% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 44.51 (%).Trend:Decrease 35.31% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 116.03 (%).Trend:Increase 160.68% than previous quarter

Overall: increasing (68.62%). 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 105.69 (%).Trend:Decrease 51.36% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 68.66 (%).Trend:Decrease 35.04% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 184.84 (%).Trend:Increase 169.21% than previous quarter

Overall: increasing (74.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.94 (%).Trend:Decrease 1.73% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.07 (%).Trend:Increase 0.82% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.97 (%).Trend:Decrease 0.62% than previous quarter

Overall: increasing (0.19%). 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 72.54 (%).Trend:Decrease 9.35% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 72.63 (%).Trend:Increase 0.12% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 73.11 (%).Trend:Increase 0.66% than previous quarter

Overall: increasing (0.79%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency saw significant shifts. Liabilities on revenue increased dramatically in Q1 2023, after substantial previous quarters' decreases.  Similarly, current assets on revenue demonstrated a considerable increase in Q1 2023.  Cost efficiency metrics also experienced substantial fluctuations. The ratio of retained earnings to revenue increased significantly in Q1 2023 after substantial prior decreases.  SG&A expense ratios show a slight increase overall, indicating potentially controlled costs. Investment efficiency remains stable with a minimal increase in retained earnings on assets, suggesting consistent investment strategies. Overall, the analysis suggests a strong upturn in working capital and cost efficiency in Q1 2023.