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 59.29 (%).Trend:Decrease 48.64% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 46.88 (%).Trend:Decrease 20.93% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 137.58 (%).Trend:Increase 193.47% than previous quarter

Overall: increasing (132.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 75.12 (%).Trend:Decrease 50.68% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 51.51 (%).Trend:Decrease 31.43% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 156.56 (%).Trend:Increase 203.94% than previous quarter

Overall: increasing (108.41%). 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 40.2 (%).Trend:Decrease 47.27% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 22.17 (%).Trend:Decrease 44.85% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 67.05 (%).Trend:Increase 202.44% than previous quarter

Overall: increasing (66.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.07 (%).Trend:Increase 3.97% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.87 (%).Trend:Decrease 1.11% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.29 (%).Trend:Decrease 3.25% than previous quarter

Overall: decreasing (-4.32%). 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 9.7 (%).Trend:Increase 6.83% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 8.29 (%).Trend:Decrease 14.54% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 8.44 (%).Trend:Increase 1.81% than previous quarter

Overall: decreasing (-12.99%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 4.91 (USD).Trend:Increase 99.59% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.0 (USD).Trend:Decrease 38.9% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter

Overall: decreasing (-79.63%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2022 to Q1 2023 financial data reveals mixed trends. Liabilities and current assets on revenue show an increase, despite substantial fluctuations.  Cost efficiency shows an increase in the ratio of retained earnings to revenue, but with significant variation. SG&A expense ratio decreases, while investment efficiency shows a moderate decrease in retained earnings on assets. Earnings per share exhibit significant fluctuation, with a marked decline.  The overall picture suggests some positive momentum with cost efficiency but high volatility overall.