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 23.33 (%).Trend:Decrease 49.08% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 16.07 (%).Trend:Decrease 31.12% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 55.49 (%).Trend:Increase 245.3% than previous quarter

Overall: increasing (137.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 54.13 (%).Trend:Decrease 50.57% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 38.29 (%).Trend:Decrease 29.26% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 114.44 (%).Trend:Increase 198.88% than previous quarter

Overall: increasing (111.42%). 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 13.91 (%).Trend:Decrease 43.11% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 10.17 (%).Trend:Decrease 26.89% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 32.22 (%).Trend:Increase 216.81% than previous quarter

Overall: increasing (131.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.99 (%).Trend:Increase 0.74% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.51 (%).Trend:Increase 2.26% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.54 (%).Trend:Decrease 12.63% than previous quarter

Overall: decreasing (-10.66%). 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 10.16 (%).Trend:Increase 15.32% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 10.69 (%).Trend:Increase 5.22% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 12.6 (%).Trend:Increase 17.87% than previous quarter

Overall: increasing (24.02%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.3 (USD).Trend:Increase 103.12% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.68 (USD).Trend:Increase 29.23% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.42 (USD).Trend:Decrease 15.48% than previous quarter

Overall: increasing (9.23%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q2 2021 to Q1 2022 show considerable variation in working capital efficiency, cost efficiency, and investment efficiency. Liabilities on revenue and current assets on revenue fluctuate significantly. The ratio of retained earnings to revenue also exhibits significant fluctuation, whereas SG&A expense ratio displays minimal fluctuation.  Retained earnings on assets and earnings per share show moderate fluctuation.  The data suggests a dynamic financial environment requiring further analysis to understand the underlying drivers of these fluctuations.