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 46.94 (%).Trend:Decrease 61.26% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 31.69 (%).Trend:Decrease 32.49% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 79.95 (%).Trend:Increase 152.29% than previous quarter

Overall: increasing (70.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 125.4 (%).Trend:Decrease 56.94% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 84.6 (%).Trend:Decrease 32.54% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 233.51 (%).Trend:Increase 176.02% than previous quarter

Overall: increasing (86.21%). 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 71.45 (%).Trend:Decrease 50.19% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 42.33 (%).Trend:Decrease 40.76% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 102.78 (%).Trend:Increase 142.81% than previous quarter

Overall: increasing (43.85%). 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 10.43 (%).Trend:Increase 3.99% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.38 (%).Trend:Decrease 10.07% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 7.78 (%).Trend:Decrease 17.06% than previous quarter

Overall: decreasing (-25.41%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.51 (USD).Trend:Increase 115.71% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.52 (USD).Trend:Increase 0.66% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.56 (USD).Trend:Decrease 63.16% than previous quarter

Overall: decreasing (-62.91%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant volatility. Liabilities on revenue decreased sharply in Q2 2021 and Q3 2021, then rose substantially in Q1 2022. Current assets on revenue show a similar pattern of significant fluctuation, declining initially then increasing substantially in Q1 2022. Cost efficiency (ratio of retained earnings to revenue) shows substantial variation, trending upward overall.  Investment efficiency (retained earnings on assets) is declining overall. Earning per share decreased dramatically in Q1 2022 compared to previous quarters, showing a significant fluctuation.