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 52.37 (%).Trend:Decrease 39.1% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 40.17 (%).Trend:Decrease 23.3% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 106.28 (%).Trend:Increase 164.58% than previous quarter

Overall: increasing (102.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 70.95 (%).Trend:Decrease 47.72% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 51.37 (%).Trend:Decrease 27.6% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 128.55 (%).Trend:Increase 150.24% than previous quarter

Overall: increasing (81.18%). 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 45.52 (%).Trend:Decrease 46.42% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 32.64 (%).Trend:Decrease 28.3% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 91.68 (%).Trend:Increase 180.88% than previous quarter

Overall: increasing (101.41%). 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 22.22 (%).Trend:Decrease 0.89% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 22.67 (%).Trend:Increase 2.03% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 24.23 (%).Trend:Increase 6.88% than previous quarter

Overall: increasing (9.05%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.52 (USD).Trend:Increase 108.22% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.23 (USD).Trend:Increase 46.71% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 69.96% than previous quarter

Overall: decreasing (-55.92%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2021 to Q1 2022 show increasing trends in working capital efficiency (liabilities and current assets on revenue) and cost efficiency (retained earnings to revenue).  Investment efficiency (retained earnings on assets) increased slightly and steadily throughout the period.  However, earnings per share saw a significant decrease from Q3 2021 to Q1 2022, exhibiting high volatility.