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 23.1 (%).Trend:Decrease 48.19% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 13.32 (%).Trend:Decrease 42.34% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 47.23 (%).Trend:Increase 254.58% than previous quarter

Overall: increasing (104.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 50.41 (%).Trend:Decrease 41.08% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 27.73 (%).Trend:Decrease 44.99% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 94.7 (%).Trend:Increase 241.51% than previous quarter

Overall: increasing (87.86%). 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 12.64 (%).Trend:Decrease 28.22% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 8.3 (%).Trend:Decrease 34.34% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 15.73 (%).Trend:Increase 89.52% than previous quarter

Overall: increasing (24.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.69 (%).Trend:Decrease 10.11% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.04 (%).Trend:Decrease 3.67% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.05 (%).Trend:Increase 0.06% than previous quarter

Overall: decreasing (-3.62%). 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 11.6 (%).Trend:Increase 47.96% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 11.72 (%).Trend:Increase 1.03% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 7.42 (%).Trend:Decrease 36.69% than previous quarter

Overall: decreasing (-36.03%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 3.24 (USD).Trend:Increase 285.71% than previous quarter
Year 2021 Quarter 3: Earning Per Share 6.23 (USD).Trend:Increase 92.28% than previous quarter
Year 2022 Quarter 1: Earning Per Share 3.61 (USD).Trend:Decrease 42.05% than previous quarter

Overall: increasing (11.42%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 show mixed results. Liabilities on revenue increased dramatically in Q1 2022, but then decreased sharply in Q2.  Current assets on revenue also increased substantially in Q1 2022, then decreased significantly in Q2, suggesting potential issues with working capital management.  The ratio of retained earnings to revenue displays increasing trends with some significant fluctuations. SG&A expenses demonstrate little fluctuation with a consistently decreasing trend, which is positive.  Investment efficiency, as measured by retained earnings on assets, displays a decreasing trend, but still somewhat stable with moderate fluctuation.  Earning per share shows a significant increase and decrease across the three quarters, but overall showing a slight increase. Overall, the data reveals a need for careful monitoring of these various financial factors.