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 59.05 (%).Trend:Decrease 44.1% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 38.1 (%).Trend:Decrease 35.48% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 118.75 (%).Trend:Increase 211.68% than previous quarter

Overall: increasing (101.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 107.41 (%).Trend:Decrease 44.95% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 70.98 (%).Trend:Decrease 33.92% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 231.56 (%).Trend:Increase 226.23% than previous quarter

Overall: increasing (115.59%). 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 96.42 (%).Trend:Decrease 43.81% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 64.27 (%).Trend:Decrease 33.34% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 205.78 (%).Trend:Increase 220.18% than previous quarter

Overall: increasing (113.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.38 (%).Trend:Increase 2.08% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.39 (%).Trend:Increase 0.03% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.88 (%).Trend:Increase 18.68% than previous quarter

Overall: increasing (18.72%). 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 40.83 (%).Trend:Increase 3.24% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 42.41 (%).Trend:Increase 3.87% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 33.25 (%).Trend:Decrease 21.6% than previous quarter

Overall: decreasing (-18.56%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 4.47 (USD).Trend:Increase 91.03% than previous quarter
Year 2022 Quarter 3: Earning Per Share 7.6 (USD).Trend:Increase 70.02% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.03 (USD).Trend:Decrease 86.45% than previous quarter

Overall: decreasing (-76.96%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 show significant fluctuations in working capital efficiency. Liabilities on revenue increased after a decline, current assets to revenue also show this pattern.  Cost efficiency exhibits substantial decreases then increases in the ratio of retained earnings to revenue.  SG&A expenses steadily increased. Invest efficiency declined after an initial slight rise. Earnings per share displayed a substantial overall decline, with alternating periods of increase and decrease.