Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 1 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 32.71 (%).Trend:Decrease 30.23% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 88.54 (%).Trend:Increase 0.0% than previous quarter

Overall: increasing (170.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 54.84 (%).Trend:Decrease 32.06% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 159.2 (%).Trend:Increase 0.0% than previous quarter

Overall: increasing (190.3%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 1 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 69.53 (%).Trend:Decrease 33.01% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 203.74 (%).Trend:Increase 0.0% than previous quarter

Overall: increasing (193.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 1 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 55.96 (%).Trend:Increase 1.23% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 56.95 (%).Trend:Increase 0.0% than previous quarter

Overall: increasing (1.77%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 5.69 (USD).Trend:Increase 39.46% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.89 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-49.21%). Fluctuation: **Significant** (high variation).



Financial results from Q3 2022 to Q1 2023 show mixed trends. Liabilities and current assets on revenue increased, demonstrating a significant fluctuation. Cost efficiency, indicated by the ratio of retained earnings to revenue, increased substantially. Investment efficiency displays a minor positive trend, while earnings per share decreased.  The mixed results necessitate further investigation for deeper understanding.