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 149.11 (%).Trend:Decrease 45.63% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 103.8 (%).Trend:Decrease 30.39% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 225.63 (%).Trend:Increase 117.37% than previous quarter

Overall: increasing (51.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 106.18 (%).Trend:Decrease 82.09% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 100.46 (%).Trend:Decrease 5.39% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 229.41 (%).Trend:Increase 128.36% than previous quarter

Overall: increasing (116.06%). 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 669.77 (%).Trend:Decrease 48.68% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 475.06 (%).Trend:Decrease 29.07% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 1763.45 (%).Trend:Increase 271.21% than previous quarter

Overall: increasing (163.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43.96 (%).Trend:Increase 3.73% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 43.97 (%).Trend:Increase 0.02% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 42.44 (%).Trend:Decrease 3.48% than previous quarter

Overall: decreasing (-3.46%). 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 17.44 (%).Trend:Increase 11.08% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 19.04 (%).Trend:Increase 9.17% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 25.24 (%).Trend:Increase 32.56% than previous quarter

Overall: increasing (44.72%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.57 (USD).Trend:Increase 111.11% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.84 (USD).Trend:Increase 222.81% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.79 (USD).Trend:Decrease 2.72% than previous quarter

Overall: increasing (214.04%). Fluctuation: **Significant** (high variation).



The analysis of Q2 2021 to Q1 2022 reveals significant fluctuations. Liabilities and current assets on revenue increased considerably (51.32% and 116.06% respectively). The ratio of retained earnings to revenue also increased dramatically (163.29%), reflecting improved profitability.  Retained earnings on assets also increased, while SG&A expenses decreased slightly.  Earnings per share showed substantial growth.