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 121.09 (%).Trend:Decrease 60.62% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 80.19 (%).Trend:Decrease 33.78% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 225.17 (%).Trend:Increase 180.8% than previous quarter

Overall: increasing (85.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 158.75 (%).Trend:Decrease 60.23% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 106.03 (%).Trend:Decrease 33.21% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 295.89 (%).Trend:Increase 179.06% than previous quarter

Overall: increasing (86.39%). 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 30.51 (%).Trend:Decrease 52.39% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 22.74 (%).Trend:Decrease 25.47% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 58.01 (%).Trend:Increase 155.1% than previous quarter

Overall: increasing (90.13%). 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 9.79 (%).Trend:Increase 21.77% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 10.6 (%).Trend:Increase 8.27% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 9.56 (%).Trend:Decrease 9.81% than previous quarter

Overall: decreasing (-2.35%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.64 (USD).Trend:Decrease 500.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.09 (USD).Trend:Increase 70.31% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.05 (USD).Trend:Decrease 95.41% than previous quarter

Overall: decreasing (-92.19%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 indicate substantial volatility. Liabilities and current assets on revenue showed declines and then large increases, suggesting uncertainty in operational activity. Cost efficiency, measured by the retained earnings-to-revenue ratio, increased significantly.  Investment efficiency showed minor variations. Earning per share decreased substantially with subsequent upward trends, implying fluctuating profitability.