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 94.47 (%).Trend:Decrease 49.66% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 59.31 (%).Trend:Decrease 37.22% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 182.84 (%).Trend:Increase 208.28% than previous quarter

Overall: increasing (93.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 93.98 (%).Trend:Decrease 49.53% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 59.42 (%).Trend:Decrease 36.77% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 229.76 (%).Trend:Increase 286.67% than previous quarter

Overall: increasing (144.48%). 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 -37.04 (%).Trend:Decrease 55.78% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -22.41 (%).Trend:Decrease 39.5% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -103.37 (%).Trend:Increase 361.27% than previous quarter

Overall: decreasing (179.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.59 (%).Trend:Decrease 3.89% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.47 (%).Trend:Decrease 0.88% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.44 (%).Trend:Decrease 0.22% than previous quarter

Overall: decreasing (-1.1%). 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 -24.25 (%).Trend:Decrease 10.78% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -22.96 (%).Trend:Decrease 5.32% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -29.92 (%).Trend:Increase 30.31% than previous quarter

Overall: decreasing (23.38%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.48 (USD).Trend:Increase 108.45% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.25 (USD).Trend:Increase 52.03% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.73 (USD).Trend:Decrease 67.56% than previous quarter

Overall: decreasing (-50.68%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 reveals significant volatility in key financial ratios. Working capital efficiency shows substantial swings in liabilities and current assets tied to revenue.  Cost efficiency, as indicated by the declining ratio of retained earnings to revenue, suggests a potential issue with profitability.  The selling, general, and administrative (SG&A) expense ratio shows a small decrease, a sign of cost management. Investment efficiency also shows large changes with a consistently decreasing trend in retained earnings on assets.  Finally, earnings per share declined from Q2 2021 to Q1 2022.