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 89.75 (%).Trend:Decrease 53.23% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 46.0 (%).Trend:Decrease 48.75% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 100.28 (%).Trend:Increase 118.0% than previous quarter

Overall: increasing (11.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 63.22 (%).Trend:Decrease 52.39% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 43.63 (%).Trend:Decrease 30.99% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 135.94 (%).Trend:Increase 211.57% than previous quarter

Overall: increasing (115.03%). 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 34.4 (%).Trend:Decrease 24.46% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 43.24 (%).Trend:Increase 25.7% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 170.49 (%).Trend:Increase 294.29% than previous quarter

Overall: increasing (395.61%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.73 (%).Trend:Increase 1.18% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.05 (%).Trend:Increase 4.14% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.09 (%).Trend:Increase 12.92% than previous quarter

Overall: increasing (17.59%). 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 11.52 (%).Trend:Increase 62.48% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 21.98 (%).Trend:Increase 90.8% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 30.48 (%).Trend:Increase 38.67% than previous quarter

Overall: increasing (164.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.19 (USD).Trend:Decrease 108.52% than previous quarter
Year 2022 Quarter 3: Earning Per Share 5.77 (USD).Trend:Increase 2936.84% than previous quarter
Year 2023 Quarter 1: Earning Per Share 4.22 (USD).Trend:Decrease 26.86% than previous quarter

Overall: increasing (2121.05%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q1 2023 show significant volatility.  Liabilities on revenue increase in Q1 2023 and show considerable variation throughout the period. Current assets display a similar volatile pattern.  Cost efficiency, measured by the SG&A expense ratio, increases slightly overall.  Investment efficiency and earnings per share both exhibit significant positive trends, but with large quarter-to-quarter fluctuations.