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 40.93 (%).Trend:Decrease 46.88% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 30.4 (%).Trend:Decrease 25.73% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 147.18 (%).Trend:Increase 384.14% than previous quarter

Overall: increasing (259.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 859.54 (%).Trend:Decrease 54.04% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 564.24 (%).Trend:Decrease 34.36% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 1252.95 (%).Trend:Increase 122.06% than previous quarter

Overall: increasing (45.77%). 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 -165.82 (%).Trend:Decrease 43.35% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -126.52 (%).Trend:Decrease 23.7% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -440.9 (%).Trend:Increase 248.48% than previous quarter

Overall: decreasing (165.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 85.54 (%).Trend:Increase 7.45% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 89.18 (%).Trend:Increase 4.26% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 113.41 (%).Trend:Increase 27.17% than previous quarter

Overall: increasing (32.58%). Fluctuation: **Neutral** (moderate 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 -17.35 (%).Trend:Increase 13.62% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -20.14 (%).Trend:Increase 16.08% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -26.64 (%).Trend:Increase 32.27% than previous quarter

Overall: decreasing (53.54%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.52 (USD).Trend:Increase 205.88% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.99 (USD).Trend:Increase 90.38% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.97 (USD).Trend:Decrease 2.02% than previous quarter

Overall: decreasing (86.54%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 show a mixed bag. Liabilities on revenue increased dramatically in Q1 2022 after consistent decline. Current assets on revenue also increase dramatically after consistent decrease. Cost efficiency metrics like the retained earnings to revenue ratio are decreasing, indicating accumulating losses. The selling, general, and administrative (SG&A) expense ratio is increasing, while investment efficiency (retained earning on assets) and earnings per share also show a substantial decreasing trend.  The data highlights large fluctuations, demanding further examination to understand underlying reasons.