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 35.28 (%).Trend:Decrease 43.5% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 22.98 (%).Trend:Decrease 34.86% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 55.72 (%).Trend:Increase 142.47% than previous quarter

Overall: increasing (57.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 75.98 (%).Trend:Decrease 56.25% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 50.0 (%).Trend:Decrease 34.19% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 129.16 (%).Trend:Increase 158.32% than previous quarter

Overall: increasing (69.99%). 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 36.61 (%).Trend:Decrease 49.18% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 24.57 (%).Trend:Decrease 32.89% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 67.34 (%).Trend:Increase 174.07% than previous quarter

Overall: increasing (83.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.57 (%).Trend:Decrease 3.98% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.78 (%).Trend:Increase 0.82% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.96 (%).Trend:Decrease 10.94% than previous quarter

Overall: decreasing (-10.21%). 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 21.58 (%).Trend:Increase 6.04% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 22.08 (%).Trend:Increase 2.32% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 23.84 (%).Trend:Increase 7.97% than previous quarter

Overall: increasing (10.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.44 (USD).Trend:Increase 2100.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.82 (USD).Trend:Increase 86.36% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.68 (USD).Trend:Decrease 17.07% than previous quarter

Overall: increasing (54.55%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 reveal trends in working capital efficiency, cost efficiency, and investment efficiency. Liabilities on revenue and current assets on revenue show substantial increases and decreases across the three quarters, indicating significant fluctuation. The ratio of retained earnings to revenue demonstrates a similar pattern of significant increases and decreases. The selling, general, and administrative (SG&A) expense ratio displays a modest decrease. Investment efficiency, measured by retained earnings on assets, shows a consistent, modest increase. Earnings per share show a strong increase in Q2 2021, followed by further increases and slight decreases.