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 35.1 (%).Trend:Decrease 49.07% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 22.73 (%).Trend:Decrease 35.24% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 67.39 (%).Trend:Increase 196.48% than previous quarter

Overall: increasing (91.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 59.09 (%).Trend:Decrease 52.55% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 38.45 (%).Trend:Decrease 34.93% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 107.63 (%).Trend:Increase 179.92% than previous quarter

Overall: increasing (82.15%). 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 46.46 (%).Trend:Decrease 48.63% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 32.35 (%).Trend:Decrease 30.37% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 93.13 (%).Trend:Increase 187.88% than previous quarter

Overall: increasing (100.45%). 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 31.58 (%).Trend:Increase 5.06% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 33.34 (%).Trend:Increase 5.57% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 35.14 (%).Trend:Increase 5.4% than previous quarter

Overall: increasing (11.27%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.82 (USD).Trend:Increase 167.65% than previous quarter
Year 2022 Quarter 3: Earning Per Share 2.77 (USD).Trend:Increase 52.2% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.04 (USD).Trend:Decrease 62.45% than previous quarter

Overall: decreasing (-42.86%). Fluctuation: **Significant** (high variation).



The provided financial statements show significant fluctuations in working capital efficiency, cost efficiency, and earnings per share. Liabilities on revenue and current assets on revenue both demonstrate significant volatility, increasing sharply in Q1 2023 before decreasing in Q2 and Q3 2023. Cost efficiency, as measured by the ratio of retained earnings to revenue, displays similar volatility.  Investment efficiency is the only area showing stable growth in retained earnings on assets across the measured period. Earnings per share show a dramatic decrease in Q1 2023, followed by increases in Q2 and Q3 2023.