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 71.39 (%).Trend:Decrease 23.76% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 40.41 (%).Trend:Decrease 43.4% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 109.06 (%).Trend:Increase 169.88% than previous quarter

Overall: increasing (52.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 78.48 (%).Trend:Decrease 62.93% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 51.0 (%).Trend:Decrease 35.02% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 155.83 (%).Trend:Increase 205.55% than previous quarter

Overall: increasing (98.56%). 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 286.44 (%).Trend:Decrease 52.09% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 189.59 (%).Trend:Decrease 33.81% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 556.85 (%).Trend:Increase 193.71% than previous quarter

Overall: increasing (94.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.15 (%).Trend:Increase 1.92% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.98 (%).Trend:Decrease 1.52% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.73 (%).Trend:Decrease 2.28% than previous quarter

Overall: decreasing (-3.77%). 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 63.4 (%).Trend:Decrease 7.71% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 65.62 (%).Trend:Increase 3.5% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 67.84 (%).Trend:Increase 3.38% than previous quarter

Overall: increasing (7.0%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.96 (USD).Trend:Increase 106.32% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.07 (USD).Trend:Increase 56.63% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.18 (USD).Trend:Decrease 61.56% than previous quarter

Overall: decreasing (-39.8%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 shows varying trends across key metrics. Working capital efficiency, measured by liabilities and current assets on revenue, exhibits considerable overall increases with significant fluctuation. Cost efficiency, as measured by the retained earnings/revenue ratio, shows an overall increase but with large fluctuations. SG&A expense ratio demonstrates a consistent downward trend with slight variation. Invest efficiency shows a slight increase in retained earnings on assets with small fluctuations. Earning per share, however, has an overall decrease with significant quarter-to-quarter variation.