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 33.66 (%).Trend:Decrease 50.92% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 23.1 (%).Trend:Decrease 31.37% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 55.62 (%).Trend:Increase 140.78% than previous quarter

Overall: increasing (65.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 64.59 (%).Trend:Decrease 51.77% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 41.15 (%).Trend:Decrease 36.29% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 107.91 (%).Trend:Increase 162.24% than previous quarter

Overall: increasing (67.07%). 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 -136.78 (%).Trend:Decrease 49.79% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -86.66 (%).Trend:Decrease 36.64% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -221.17 (%).Trend:Increase 155.22% than previous quarter

Overall: decreasing (61.7%). Fluctuation: **Significant** (high 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 -63.16 (%).Trend:Increase 4.17% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -64.22 (%).Trend:Increase 1.68% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -64.21 (%).Trend:Decrease 0.02% than previous quarter

Overall: decreasing (1.66%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.14 (USD).Trend:Increase 75.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.17 (USD).Trend:Increase 21.43% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.02 (USD).Trend:Decrease 88.24% than previous quarter

Overall: increasing (-85.71%). Fluctuation: **Significant** (high variation).



Analysis from Q2 2021 to Q1 2022 indicates increased liabilities and current assets on revenue, with significant fluctuations.  The ratio of retained earnings to revenue shows an overall decrease, with high variability.  Retained earnings on assets are declining, while earnings per share improved, though the overall trend still shows negative values.  These significant fluctuations across all metrics suggest a volatile and unstable financial state.