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 76.92 (%).Trend:Decrease 49.69% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 50.75 (%).Trend:Decrease 34.02% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 165.99 (%).Trend:Increase 227.07% than previous quarter

Overall: increasing (115.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 136.63 (%).Trend:Decrease 50.66% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 88.74 (%).Trend:Decrease 35.05% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 273.67 (%).Trend:Increase 208.4% than previous quarter

Overall: increasing (100.3%). 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 -240.79 (%).Trend:Decrease 49.43% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -162.44 (%).Trend:Decrease 32.54% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -491.45 (%).Trend:Increase 202.54% than previous quarter

Overall: decreasing (104.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -103.25 (%).Trend:Increase 2.69% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -108.58 (%).Trend:Increase 5.16% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -111.36 (%).Trend:Increase 2.56% than previous quarter

Overall: decreasing (7.85%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.41 (USD).Trend:Increase 70.83% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.67 (USD).Trend:Increase 63.41% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.2 (USD).Trend:Decrease 70.15% than previous quarter

Overall: increasing (-51.22%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2021 to Q1 2022 indicates significant fluctuations in key financial indicators. Working capital efficiency, measured by liabilities and current assets on revenue, showed an increase in liabilities and current assets. Cost efficiency, as measured by retained earnings on revenue, demonstrates a negative trend. Investment efficiency, as shown by retained earnings on assets, continued a downwards trend. Earnings per share exhibited a varied trend, with a decline in the first quarter.