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 78.95 (%).Trend:Decrease 45.22% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 52.32 (%).Trend:Decrease 33.73% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 122.55 (%).Trend:Increase 134.23% than previous quarter

Overall: increasing (55.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 281.83 (%).Trend:Decrease 54.98% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 166.72 (%).Trend:Decrease 40.84% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 316.47 (%).Trend:Increase 89.82% than previous quarter

Overall: increasing (12.29%). 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 -323.34 (%).Trend:Decrease 45.66% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -221.95 (%).Trend:Decrease 31.36% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -553.59 (%).Trend:Increase 149.42% than previous quarter

Overall: decreasing (71.21%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 42.99 (%).Trend:Decrease 2.61% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.08 (%).Trend:Decrease 4.44% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.9 (%).Trend:Decrease 19.91% than previous quarter

Overall: decreasing (-23.47%). Fluctuation: **Neutral** (moderate 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 -82.7 (%).Trend:Increase 16.84% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -92.81 (%).Trend:Increase 12.22% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -116.28 (%).Trend:Increase 25.29% than previous quarter

Overall: decreasing (40.6%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -1.4 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -2.02 (USD).Trend:Increase 44.29% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.61 (USD).Trend:Decrease 69.8% than previous quarter

Overall: increasing (-56.43%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2021 to Q1 2022 shows substantial fluctuation across key metrics.  Working capital efficiency reveals a mixed picture, with liabilities on revenue increasing, while current assets on revenue display a less-pronounced upward trend.  Cost efficiency indicates a concerning decrease in the retained earnings-to-revenue ratio, however the SG&A expense ratio displays moderate consistency.  Investment efficiency showcases a consistent decrease in retained earnings on assets.  Earnings per share also show fluctuation. Further investigation into the causes behind these substantial swings is necessary.