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 33.42 (%).Trend:Decrease 50.57% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 24.46 (%).Trend:Decrease 26.81% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 73.92 (%).Trend:Increase 202.21% than previous quarter

Overall: increasing (121.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 45.32 (%).Trend:Decrease 51.65% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 34.32 (%).Trend:Decrease 24.27% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 95.25 (%).Trend:Increase 177.53% than previous quarter

Overall: increasing (110.17%). Fluctuation: **Significant** (high 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 34.8 (%).Trend:Decrease 42.89% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 25.97 (%).Trend:Decrease 25.37% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 60.74 (%).Trend:Increase 133.89% than previous quarter

Overall: increasing (74.54%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.23 (%).Trend:Increase 0.16% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.76 (%).Trend:Increase 2.91% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.59 (%).Trend:Decrease 11.57% than previous quarter

Overall: decreasing (-9.0%). Fluctuation: **Little** (low variation).


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 23.05 (%).Trend:Increase 12.82% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 25.13 (%).Trend:Increase 9.02% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 29.03 (%).Trend:Increase 15.52% than previous quarter

Overall: increasing (25.94%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 2.88 (USD).Trend:Increase 94.59% than previous quarter
Year 2021 Quarter 3: Earning Per Share 4.43 (USD).Trend:Increase 53.82% than previous quarter
Year 2022 Quarter 1: Earning Per Share 3.11 (USD).Trend:Decrease 29.8% than previous quarter

Overall: increasing (7.99%). Fluctuation: **Neutral** (moderate variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased substantially in Q1 2022 before decreasing in Q2 and Q3 2022. Current assets on revenue also saw significant increases and decreases across the quarters. Cost efficiency shows a slight overall decrease in SG&A expense ratio, with little fluctuation.  Invest efficiency shows a steady increase in retained earnings on assets, with moderate fluctuation. Earning per share shows a significant increase overall, but with high variation across quarters.