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 30.96 (%).Trend:Decrease 42.63% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.02 (%).Trend:Decrease 35.34% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 50.11 (%).Trend:Increase 150.3% than previous quarter

Overall: increasing (61.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 81.01 (%).Trend:Decrease 42.02% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 51.86 (%).Trend:Decrease 35.98% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 144.32 (%).Trend:Increase 178.29% than previous quarter

Overall: increasing (78.15%). 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 169.87 (%).Trend:Decrease 48.92% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 114.97 (%).Trend:Decrease 32.32% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 360.02 (%).Trend:Increase 213.14% than previous quarter

Overall: increasing (111.94%). 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 49.22 (%).Trend:Decrease 22.72% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 49.97 (%).Trend:Increase 1.52% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 51.4 (%).Trend:Increase 2.86% than previous quarter

Overall: increasing (4.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.83 (USD).Trend:Increase 103.33% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.62 (USD).Trend:Increase 43.17% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.71 (USD).Trend:Decrease 72.9% than previous quarter

Overall: decreasing (-61.2%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2022 to Q1 2023 show substantial volatility. Working capital efficiency, represented by liabilities and current assets on revenue, increased significantly in Q1 2023, after a steady decline in prior quarters. Cost efficiency, measured by the ratio of retained earnings to revenue, also shows a significant increase in Q1 2023. Investment efficiency displays a minor overall increase, while earnings per share saw a significant drop in Q1 2023.   These substantial fluctuations warrant further review to determine their causes.