Working Capital Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 2: Liabilities on Revenue 39.77 (%).Trend:Decrease 55.16% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 29.47 (%).Trend:Decrease 25.9% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 100.47 (%).Trend:Increase 240.92% than previous quarter

Overall: increasing (152.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 240.62 (%).Trend:Decrease 51.93% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 154.03 (%).Trend:Decrease 35.99% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 210.08 (%).Trend:Increase 36.39% than previous quarter

Overall: decreasing (-12.69%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 51.45 (%).Trend:Decrease 55.95% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 35.12 (%).Trend:Decrease 31.74% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 50.5 (%).Trend:Increase 43.79% than previous quarter

Overall: decreasing (-1.85%). Fluctuation: **Neutral** (moderate variation).

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

Invest Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 2: Retained Earning on Assets 8.95 (%).Trend:Decrease 14.84% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.46 (%).Trend:Increase 5.7% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 5.63 (%).Trend:Decrease 40.49% than previous quarter

Overall: decreasing (-37.09%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 5.88 (USD).Trend:Increase 58.92% than previous quarter
Year 2021 Quarter 3: Earning Per Share 6.56 (USD).Trend:Increase 11.56% than previous quarter
Year 2022 Quarter 1: Earning Per Share -2.72 (USD).Trend:Decrease 141.46% than previous quarter

Overall: decreasing (-146.26%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 reveals a mixed bag.  Liabilities on revenue saw a significant increase in Q1 2022, followed by a decrease in Q2 2022.  Current assets on revenue show a slight overall decrease with fluctuating trends. Cost efficiency, indicated by the ratio of retained earnings to revenue, shows a small overall decrease with varying trends.  Investment efficiency displays a substantial overall decrease with quarter-to-quarter fluctuations.  Earnings per share show a massive drop into negative figures in Q1 2022, followed by a large increase in Q2 2022, then a smaller increase into negative figures in Q3 2022. The significant volatility across multiple metrics suggests a need for deeper investigation into the financial performance drivers.