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 33.24 (%).Trend:Decrease 44.27% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 20.36 (%).Trend:Decrease 38.75% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 69.07 (%).Trend:Increase 239.24% than previous quarter

Overall: increasing (107.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 43.5 (%).Trend:Decrease 49.1% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 28.42 (%).Trend:Decrease 34.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 98.99 (%).Trend:Increase 248.31% than previous quarter

Overall: increasing (127.56%). 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 151.17 (%).Trend:Decrease 53.22% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 102.87 (%).Trend:Decrease 31.95% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 396.66 (%).Trend:Increase 285.59% than previous quarter

Overall: increasing (162.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.55 (%).Trend:Decrease 16.22% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.58 (%).Trend:Increase 1.94% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.8 (%).Trend:Increase 13.92% than previous quarter

Overall: increasing (16.13%). 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 68.97 (%).Trend:Increase 1.61% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 71.76 (%).Trend:Increase 4.05% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 75.71 (%).Trend:Increase 5.5% than previous quarter

Overall: increasing (9.77%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 9.21 (USD).Trend:Increase 185.14% than previous quarter
Year 2022 Quarter 3: Earning Per Share 15.0 (USD).Trend:Increase 62.87% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.0 (USD).Trend:Decrease 80.0% than previous quarter

Overall: decreasing (-67.43%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2022 to Q1 2023 shows significant fluctuations. Liabilities and current assets on revenue increased significantly in Q1 2023,  then decreased in Q2 2023.  The ratio of retained earnings to revenue significantly increased in Q1 2023, but decreased in Q2 2023. SG&A expense ratio showed a positive trend overall, increasing consistently.  Investment efficiency shows a little fluctuation in the positive direction. Earnings per share, however, showed a significant decrease from Q3 2022 to Q1 2023, before increasing again in Q2 2023.