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 141.37 (%).Trend:Decrease 44.99% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 78.45 (%).Trend:Decrease 44.51% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 268.51 (%).Trend:Increase 242.27% than previous quarter

Overall: increasing (89.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 132.13 (%).Trend:Decrease 61.46% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 83.26 (%).Trend:Decrease 36.99% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 275.41 (%).Trend:Increase 230.78% than previous quarter

Overall: increasing (108.44%). 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 56.38 (%).Trend:Decrease 47.49% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 38.64 (%).Trend:Decrease 31.47% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 99.92 (%).Trend:Increase 158.59% than previous quarter

Overall: increasing (77.23%). 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 7.82 (%).Trend:Decrease 20.77% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 8.47 (%).Trend:Increase 8.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 7.96 (%).Trend:Decrease 6.02% than previous quarter

Overall: increasing (1.79%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.08 (USD).Trend:Increase 111.76% than previous quarter
Year 2022 Quarter 3: Earning Per Share 1.56 (USD).Trend:Increase 44.44% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 98.08% than previous quarter

Overall: decreasing (-97.22%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2022 to Q1 2023 reveals high volatility in various efficiency measures. Liabilities and current assets on revenue increased but fluctuated significantly across quarters. Cost efficiency, as measured by the retained earnings-to-revenue ratio, rose, although with substantial quarter-to-quarter changes. Investment efficiency showed a minimal overall increase, while earnings per share decreased dramatically in the final quarter. Overall, financial performance shows substantial instability.