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 36.37 (%).Trend:Decrease 46.64% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21.54 (%).Trend:Decrease 40.78% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 68.35 (%).Trend:Increase 217.32% than previous quarter

Overall: increasing (87.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 59.47 (%).Trend:Decrease 53.28% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 36.57 (%).Trend:Decrease 38.51% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 109.98 (%).Trend:Increase 200.74% than previous quarter

Overall: increasing (84.93%). 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 9.98 (%).Trend:Decrease 45.49% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 8.18 (%).Trend:Decrease 18.04% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 37.91 (%).Trend:Increase 363.45% than previous quarter

Overall: increasing (279.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 9.2 (%).Trend:Increase 16.46% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 11.89 (%).Trend:Increase 29.24% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 17.98 (%).Trend:Increase 51.22% than previous quarter

Overall: increasing (95.43%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 184.0% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.45 (USD).Trend:Increase 104.23% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.07 (USD).Trend:Decrease 26.21% than previous quarter

Overall: increasing (50.7%). Fluctuation: **Significant** (high variation).



Working capital efficiency, liabilities on revenue, and current assets on revenue show significant fluctuations, increasing overall but with substantial quarter-to-quarter variation.  Cost efficiency, measured by the ratio of retained earnings to revenue, also exhibits significant volatility, increasing considerably overall.  Investment efficiency, as measured by retained earnings on assets, demonstrates a consistent upward trend with significant quarter-to-quarter variation. Earnings per share also show substantial fluctuations, increasing overall, although with a notable decrease in Q1 2023.  These findings highlight a dynamic financial performance marked by high variability across reporting periods.