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 40.09 (%).Trend:Decrease 54.66% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.14 (%).Trend:Decrease 27.31% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 107.72 (%).Trend:Increase 269.66% than previous quarter

Overall: increasing (168.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 106.9 (%).Trend:Decrease 49.25% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 66.3 (%).Trend:Decrease 37.98% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 248.81 (%).Trend:Increase 275.28% than previous quarter

Overall: increasing (132.75%). 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 160.52 (%).Trend:Decrease 46.13% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 119.77 (%).Trend:Decrease 25.39% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 511.51 (%).Trend:Increase 327.08% than previous quarter

Overall: increasing (218.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.69 (%).Trend:Decrease 14.2% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.04 (%).Trend:Increase 2.76% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.49 (%).Trend:Decrease 4.22% than previous quarter

Overall: decreasing (-1.58%). 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 41.54 (%).Trend:Increase 5.16% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 44.55 (%).Trend:Increase 7.25% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 48.7 (%).Trend:Increase 9.32% than previous quarter

Overall: increasing (17.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.37 (USD).Trend:Increase 107.58% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.97 (USD).Trend:Increase 43.8% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 65.99% than previous quarter

Overall: decreasing (-51.09%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations in liabilities and current assets on revenue across Q2 2022 to Q1 2023.  Liabilities increased substantially in Q1 2023, while current assets also increased sharply.  Cost efficiency shows a slight overall decrease in SG&A expense ratio, but significant fluctuations.  The ratio of retained earnings to revenue is increasing significantly. Invest efficiency shows a steady increase in retained earnings on assets with little fluctuation. Earning per share decreased significantly in Q1 2023, but increased in the prior two quarters.