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 22.53 (%).Trend:Decrease 45.17% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 20.17 (%).Trend:Decrease 10.47% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 46.65 (%).Trend:Increase 131.28% than previous quarter

Overall: increasing (107.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 77.38 (%).Trend:Decrease 46.41% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 62.84 (%).Trend:Decrease 18.79% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 161.51 (%).Trend:Increase 157.02% than previous quarter

Overall: increasing (108.72%). 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 90.0 (%).Trend:Decrease 48.08% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 58.3 (%).Trend:Decrease 35.22% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 174.44 (%).Trend:Increase 199.21% than previous quarter

Overall: increasing (93.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.05 (%).Trend:Increase 0.8% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.69 (%).Trend:Decrease 3.58% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.8 (%).Trend:Decrease 9.18% than previous quarter

Overall: decreasing (-12.44%). 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 23.2 (%).Trend:Decrease 0.9% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 21.93 (%).Trend:Decrease 5.47% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 24.19 (%).Trend:Increase 10.31% than previous quarter

Overall: increasing (4.27%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.8 (USD).Trend:Increase 90.48% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.11 (USD).Trend:Increase 38.75% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.34 (USD).Trend:Decrease 69.37% than previous quarter

Overall: decreasing (-57.5%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations in liabilities and current assets on revenue across Q2 2021 to Q1 2022. Liabilities on revenue decreased by 45.17% and 10.47% in Q2 and Q3 2021 respectively, before increasing by 131.28% in Q1 2022. Current assets on revenue decreased by 46.41% and 18.79% in Q2 and Q3 2021 respectively, before increasing by 157.02% in Q1 2022. Cost efficiency shows a decrease in SG&A expense ratio, from Q2 to Q3 2021, and Q3 2021 to Q1 2022, but the fluctuation is slight. The ratio of retained earnings to revenue shows significant fluctuations. Invest efficiency shows little fluctuation in retained earnings on assets. Earning per share has significant fluctuations, increasing in Q2 and Q3 2021, before decreasing significantly in Q1 2022.