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 25.01 (%).Trend:Decrease 46.02% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 15.49 (%).Trend:Decrease 38.06% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 37.92 (%).Trend:Increase 144.8% than previous quarter

Overall: increasing (51.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 62.51 (%).Trend:Decrease 56.09% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 38.44 (%).Trend:Decrease 38.51% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 85.66 (%).Trend:Increase 122.84% than previous quarter

Overall: increasing (37.03%). 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 3.66 (%).Trend:Decrease 58.31% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 2.46 (%).Trend:Decrease 32.79% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 7.61 (%).Trend:Increase 209.35% than previous quarter

Overall: increasing (107.92%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.26 (%).Trend:Decrease 15.29% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.74 (%).Trend:Decrease 6.27% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.5 (%).Trend:Decrease 5.45% than previous quarter

Overall: decreasing (-11.38%). 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 2.54 (%).Trend:Decrease 0.78% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 2.83 (%).Trend:Increase 11.42% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 3.57 (%).Trend:Increase 26.15% than previous quarter

Overall: increasing (40.55%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.46 (USD).Trend:Decrease 6.12% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.36 (USD).Trend:Decrease 21.74% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 111.11% than previous quarter

Overall: increasing (-108.7%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 display considerable fluctuations. Liabilities on revenue decreased significantly, then increased in Q1 2022, indicating volatility.  Current assets on revenue also followed a similar pattern of decrease and subsequent increase. Cost efficiency, as measured by the ratio of retained earnings to revenue, increased significantly in Q1 2022, after a downward trend.  The SG&A expense ratio consistently decreased, with little fluctuation. Investment efficiency increased slightly, while earnings per share remained negative with significant variation.