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 50.3 (%).Trend:Decrease 48.53% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 31.26 (%).Trend:Decrease 37.85% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 88.2 (%).Trend:Increase 182.15% than previous quarter

Overall: increasing (75.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 61.26 (%).Trend:Decrease 49.56% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 40.51 (%).Trend:Decrease 33.87% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 113.52 (%).Trend:Increase 180.23% than previous quarter

Overall: increasing (85.31%). 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 41.95 (%).Trend:Decrease 52.56% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 25.63 (%).Trend:Decrease 38.9% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 68.04 (%).Trend:Increase 165.47% than previous quarter

Overall: increasing (62.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.02 (%).Trend:Decrease 2.26% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.52 (%).Trend:Decrease 2.27% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.52 (%).Trend:Decrease 9.29% than previous quarter

Overall: decreasing (-11.35%). 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 28.85 (%).Trend:Decrease 4.12% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 28.04 (%).Trend:Decrease 2.81% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 27.06 (%).Trend:Decrease 3.5% than previous quarter

Overall: decreasing (-6.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.44 (USD).Trend:Increase 0% than previous quarter
Year 2022 Quarter 3: Earning Per Share -0.17 (USD).Trend:Decrease 138.64% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.44 (USD).Trend:Decrease 358.82% than previous quarter

Overall: stable (0.0%). Fluctuation: **Significant** (high variation).



From Q2 2022 to Q1 2023, liabilities on revenue and current assets on revenue significantly increased, while the ratio of retained earnings to revenue also showed a substantial rise.  SG&A expenses decreased slightly, and retained earnings on assets showed a minor decline.  Earning per share fluctuated significantly, showing a net zero change overall.  These substantial shifts necessitate a comprehensive assessment of the underlying financial drivers.