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 42.54 (%).Trend:Decrease 51.32% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 25.62 (%).Trend:Decrease 39.77% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 83.99 (%).Trend:Increase 227.83% than previous quarter

Overall: increasing (97.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 97.77 (%).Trend:Decrease 50.77% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 63.4 (%).Trend:Decrease 35.15% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 214.92 (%).Trend:Increase 238.99% than previous quarter

Overall: increasing (119.82%). 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 70.4 (%).Trend:Decrease 50.28% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 50.18 (%).Trend:Decrease 28.72% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 176.3 (%).Trend:Increase 251.34% than previous quarter

Overall: increasing (150.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.05 (%).Trend:Decrease 0.62% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.31 (%).Trend:Increase 0.96% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.34 (%).Trend:Increase 3.77% than previous quarter

Overall: increasing (4.77%). 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 36.02 (%).Trend:Increase 4.53% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 39.32 (%).Trend:Increase 9.16% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 41.79 (%).Trend:Increase 6.28% than previous quarter

Overall: increasing (16.02%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 3.7 (USD).Trend:Increase 128.4% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.46 (USD).Trend:Increase 47.57% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.94 (USD).Trend:Decrease 64.47% than previous quarter

Overall: decreasing (-47.57%). Fluctuation: **Significant** (high variation).



Financial results for Q2 2022 to Q1 2023 reveal considerable volatility. Liabilities on revenue increased overall but fluctuated greatly across the quarters. Current assets on revenue also increased, exhibiting similar high variability. Cost efficiency, as indicated by the ratio of retained earnings to revenue, significantly increased overall but experienced significant quarterly fluctuations.  The SG&A expense ratio displayed slight but consistent growth with minor fluctuation.  Investment efficiency, measured by retained earnings on assets, also showed a consistent increase, with low variation.  Earnings per share decreased overall despite quarterly fluctuations.