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 157.77 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 103.93 (%).Trend:Decrease 34.13% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 351.81 (%).Trend:Increase 238.51% than previous quarter

Overall: increasing (122.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 177.61 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 114.25 (%).Trend:Decrease 35.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 440.24 (%).Trend:Increase 285.33% than previous quarter

Overall: increasing (147.87%). 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 242.97 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 157.17 (%).Trend:Decrease 35.31% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 620.38 (%).Trend:Increase 294.72% than previous quarter

Overall: increasing (155.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.65 (%).Trend:Decrease 100.0% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.57 (%).Trend:Decrease 5.79% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.64 (%).Trend:Decrease 10.98% than previous quarter

Overall: decreasing (-16.14%). 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 44.72 (%).Trend:Increase 2.29% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 45.7 (%).Trend:Increase 2.19% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 51.65 (%).Trend:Increase 13.02% than previous quarter

Overall: increasing (15.5%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -1.78 (USD).Trend:Increase 79.8% than previous quarter
Year 2022 Quarter 3: Earning Per Share -1.99 (USD).Trend:Increase 11.8% than previous quarter
Year 2023 Quarter 1: Earning Per Share 6.76 (USD).Trend:Decrease 439.7% than previous quarter

Overall: increasing (-479.78%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 show significant changes in various efficiency metrics. Working capital efficiency, as measured by liabilities and current assets on revenue, shows substantial increases.  Cost efficiency, as indicated by retained earnings ratios and SG&A, also increases significantly, but with high volatility.  Investment efficiency (retained earnings on assets) exhibits a stable, increasing trend.  Earnings per share, however, are highly variable, showing a significant jump and then a considerable decrease.