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 47.69 (%).Trend:Decrease 51.49% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 34.56 (%).Trend:Decrease 27.53% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 104.4 (%).Trend:Increase 202.08% than previous quarter

Overall: increasing (118.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 60.3 (%).Trend:Decrease 50.77% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 43.13 (%).Trend:Decrease 28.47% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 132.0 (%).Trend:Increase 206.05% than previous quarter

Overall: increasing (118.91%). 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 4.54 (%).Trend:Decrease 44.9% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 3.29 (%).Trend:Decrease 27.53% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 12.18 (%).Trend:Increase 270.21% than previous quarter

Overall: increasing (168.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.31 (%).Trend:Increase 2.13% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.23 (%).Trend:Decrease 1.86% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.33 (%).Trend:Increase 2.36% than previous quarter

Overall: increasing (0.46%). 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 4.97 (%).Trend:Increase 11.94% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 5.21 (%).Trend:Increase 4.83% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 6.3 (%).Trend:Increase 20.92% than previous quarter

Overall: increasing (26.76%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.93 (USD).Trend:Increase 112.32% than previous quarter
Year 2022 Quarter 3: Earning Per Share 4.48 (USD).Trend:Increase 52.9% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.76 (USD).Trend:Decrease 60.71% than previous quarter

Overall: decreasing (-39.93%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 present a mixed picture of financial performance.  Liabilities and current assets on revenue increased considerably, exhibiting notable volatility. Cost efficiency (ratio of retained earnings to revenue) improved substantially, with sharp ups and downs.  SG&A expenses displayed little fluctuation, indicating relative stability. Investment efficiency rose consistently. Earnings per share experienced substantial swings, highlighting short-term changes.  The data suggests a period of unpredictable financial performance.