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 49.23 (%).Trend:Decrease 47.06% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 32.8 (%).Trend:Decrease 33.37% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 99.7 (%).Trend:Increase 203.96% than previous quarter

Overall: increasing (102.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 82.15 (%).Trend:Decrease 48.8% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 54.04 (%).Trend:Decrease 34.22% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 163.48 (%).Trend:Increase 202.52% than previous quarter

Overall: increasing (99.0%). 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 -47.07 (%).Trend:Decrease 47.29% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -33.45 (%).Trend:Decrease 28.94% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -105.68 (%).Trend:Increase 215.93% than previous quarter

Overall: decreasing (124.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.98 (%).Trend:Decrease 1.06% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.29 (%).Trend:Increase 2.22% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.83 (%).Trend:Decrease 10.22% than previous quarter

Overall: decreasing (-8.23%). 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 -14.93 (%).Trend:Increase 7.8% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -16.06 (%).Trend:Increase 7.57% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -17.95 (%).Trend:Increase 11.77% than previous quarter

Overall: decreasing (20.23%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -1.38 (USD).Trend:Increase 150.91% than previous quarter
Year 2021 Quarter 3: Earning Per Share -2.06 (USD).Trend:Increase 49.28% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.75 (USD).Trend:Decrease 63.59% than previous quarter

Overall: increasing (-45.65%). Fluctuation: **Significant** (high variation).



The analysis reveals significant volatility in key financial metrics from Q2 2021 to Q1 2022.  Working capital efficiency indicators (liabilities and current assets on revenue) increased dramatically, suggesting potential operational inefficiencies or growth spurts. Cost efficiency, as measured by retained earnings on revenue, deteriorated significantly. While SG&A expense ratio improved, investment efficiency metrics (retained earnings on assets and earnings per share) showed significant fluctuations, warranting further investigation.