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 44.6 (%).Trend:Decrease 57.59% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 29.12 (%).Trend:Decrease 34.71% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 79.38 (%).Trend:Increase 172.6% than previous quarter

Overall: increasing (77.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 128.89 (%).Trend:Decrease 52.97% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 83.85 (%).Trend:Decrease 34.94% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 223.13 (%).Trend:Increase 166.11% than previous quarter

Overall: increasing (73.12%). 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 2.17 (%).Trend:Decrease 82.53% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 3.54 (%).Trend:Increase 63.13% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 23.79 (%).Trend:Increase 572.03% than previous quarter

Overall: increasing (996.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.22 (%).Trend:Decrease 8.87% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.81 (%).Trend:Decrease 4.99% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.76 (%).Trend:Decrease 0.64% than previous quarter

Overall: decreasing (-5.6%). 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 0.92 (%).Trend:Decrease 62.45% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 2.33 (%).Trend:Increase 153.26% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 5.76 (%).Trend:Increase 147.21% than previous quarter

Overall: increasing (526.09%). Fluctuation: **Significant** (high variation).

Earning Per Share


Significant fluctuations are seen in working capital efficiency.  Liabilities on revenue saw a substantial decrease initially, then a sharp increase in Q1 2023.  Current assets on revenue followed a similar pattern, decreasing initially then dramatically increasing in Q1 2023.  Cost efficiency shows a significant increase in the ratio of retained earnings to revenue in Q1 2023 and then fluctuations in the following quarters.  SG&A expense ratio has remained relatively consistent. Investment efficiency has significantly increased.