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 29.11 (%).Trend:Decrease 45.69% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 20.0 (%).Trend:Decrease 31.3% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 58.76 (%).Trend:Increase 193.8% than previous quarter

Overall: increasing (101.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 146.95 (%).Trend:Decrease 46.96% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 91.27 (%).Trend:Decrease 37.89% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 304.31 (%).Trend:Increase 233.42% than previous quarter

Overall: increasing (107.08%). 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 120.02 (%).Trend:Decrease 47.9% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 84.78 (%).Trend:Decrease 29.36% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 285.98 (%).Trend:Increase 237.32% than previous quarter

Overall: increasing (138.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.37 (%).Trend:Decrease 3.26% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.22 (%).Trend:Decrease 1.12% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.4 (%).Trend:Decrease 6.2% than previous quarter

Overall: decreasing (-7.26%). 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 41.17 (%).Trend:Increase 3.49% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 42.44 (%).Trend:Increase 3.08% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 45.64 (%).Trend:Increase 7.54% than previous quarter

Overall: increasing (10.86%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 4.86 (USD).Trend:Increase 119.91% than previous quarter
Year 2021 Quarter 3: Earning Per Share 7.24 (USD).Trend:Increase 48.97% than previous quarter
Year 2022 Quarter 1: Earning Per Share 2.58 (USD).Trend:Decrease 64.36% than previous quarter

Overall: decreasing (-46.91%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 reveal a combination of positive and negative trends. Working capital efficiency, measured by liabilities and current assets on revenue, increased significantly in Q1 2022 after decreasing in the prior two quarters. Cost efficiency, reflected in the ratio of retained earnings to revenue, increased considerably in Q1 2022 after several quarters of decline.  SG&A expense ratio decreased in the same period; however, investment efficiency shows positive trends with a small increase in retained earnings on assets, while earnings per share (EPS) decreased sharply in Q1 2022. The period shows substantial volatility and variations in key financial metrics.