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 51.23 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 32.07 (%).Trend:Decrease 37.4% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 79.38 (%).Trend:Increase 147.52% than previous quarter

Overall: increasing (54.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 80.37 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 55.97 (%).Trend:Decrease 30.36% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 181.9 (%).Trend:Increase 225.0% than previous quarter

Overall: increasing (126.33%). 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 4.27 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 3.47 (%).Trend:Decrease 18.74% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 13.9 (%).Trend:Increase 300.58% than previous quarter

Overall: increasing (225.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 37.17 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.96 (%).Trend:Decrease 0.56% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.1 (%).Trend:Increase 3.08% than previous quarter

Overall: increasing (2.5%). 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 2.72 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 3.29 (%).Trend:Increase 20.96% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 3.9 (%).Trend:Increase 18.54% than previous quarter

Overall: increasing (43.38%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.57 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.8 (USD).Trend:Increase 40.35% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.07 (USD).Trend:Decrease 108.75% than previous quarter

Overall: decreasing (-112.28%). Fluctuation: **Significant** (high variation).



The financial statements reveal significant fluctuations in working capital efficiency. Liabilities on revenue increased substantially in Q1 2022, after a considerable decrease in Q3 2021.  Current assets on revenue also exhibit significant volatility. Cost efficiency shows relative stability in the SG&A expense ratio, while the retained earnings to revenue ratio displays dramatic changes, indicating potential issues with profitability or revenue generation. Investment efficiency, measured by retained earnings on assets, displays a generally upward trend, but with notable quarter-to-quarter fluctuations. Earnings per share show a substantial decrease in Q1 2022, indicating potential operational or market issues that demand further investigation.