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 105.31 (%).Trend:Decrease 50.66% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 65.04 (%).Trend:Decrease 38.24% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 205.19 (%).Trend:Increase 215.48% than previous quarter

Overall: increasing (94.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 113.76 (%).Trend:Decrease 55.45% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 83.27 (%).Trend:Decrease 26.8% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 301.0 (%).Trend:Increase 261.47% than previous quarter

Overall: increasing (164.59%). 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 26.51 (%).Trend:Decrease 46.15% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 19.19 (%).Trend:Decrease 27.61% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 73.33 (%).Trend:Increase 282.13% than previous quarter

Overall: increasing (176.61%). 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 1.92 (%).Trend:Increase 11.63% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 2.16 (%).Trend:Increase 12.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 3.08 (%).Trend:Increase 42.59% than previous quarter

Overall: increasing (60.42%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


From Q2 2022 to Q1 2023, liabilities on revenue increased significantly (94.84%), showing substantial fluctuation. Current assets on revenue also increased significantly (164.59%) with high variability.  The ratio of retained earnings to revenue showed a significant increase (176.61%) and high fluctuation.  Retained earnings on assets also increased (60.42%) with moderate variation.  This indicates major operational shifts.