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 32.62 (%).Trend:Decrease 42.79% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 34.04 (%).Trend:Increase 4.35% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 60.55 (%).Trend:Increase 77.88% than previous quarter

Overall: increasing (85.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 210.42 (%).Trend:Decrease 45.77% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 71.72 (%).Trend:Decrease 65.92% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 145.33 (%).Trend:Increase 102.64% than previous quarter

Overall: decreasing (-30.93%). 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 71.94 (%).Trend:Decrease 46.6% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 45.15 (%).Trend:Decrease 37.24% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 86.76 (%).Trend:Increase 92.16% than previous quarter

Overall: increasing (20.6%). 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 25.55 (%).Trend:Decrease 0.78% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 16.53 (%).Trend:Decrease 35.3% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 17.41 (%).Trend:Increase 5.32% than previous quarter

Overall: decreasing (-31.86%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.49 (USD).Trend:Decrease 2.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.47 (USD).Trend:Decrease 4.08% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.28 (USD).Trend:Decrease 40.43% than previous quarter

Overall: decreasing (-42.86%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 indicate a mixed performance.  Liabilities on revenue increased overall but with significant quarter-to-quarter variation.  Current assets on revenue decreased considerably, creating potential liquidity concerns.  The ratio of retained earnings to revenue is showing an overall positive trend, but with substantial fluctuations.  Invest efficiency and earnings per share exhibit a negative trend.  The notable volatility warrants further investigation to understand the driving factors and develop effective strategies for improvement.