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 42.53 (%).Trend:Decrease 50.92% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.79 (%).Trend:Decrease 34.66% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 60.19 (%).Trend:Increase 116.59% than previous quarter

Overall: increasing (41.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 120.32 (%).Trend:Decrease 47.43% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 62.73 (%).Trend:Decrease 47.86% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 182.14 (%).Trend:Increase 190.36% than previous quarter

Overall: increasing (51.38%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.8 (%).Trend:Decrease 3.35% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.69 (%).Trend:Decrease 0.53% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.52 (%).Trend:Increase 13.68% than previous quarter

Overall: increasing (13.08%). 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
Earning Per Share


Working capital efficiency shows significant fluctuations. Liabilities on revenue increased by 41.52% overall, but with substantial quarter-to-quarter variations.  Current assets on revenue also saw significant increases (51.38%) with large changes between quarters.  Cost efficiency, however, shows a more stable pattern with the SG&A expense ratio rising by 13.08% overall with relatively minor fluctuations.  Investment efficiency data is not provided in this response.