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 61.42 (%).Trend:Decrease 51.63% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 39.14 (%).Trend:Decrease 36.27% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 106.3 (%).Trend:Increase 171.59% than previous quarter

Overall: increasing (73.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 102.3 (%).Trend:Decrease 50.35% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 58.54 (%).Trend:Decrease 42.78% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 172.9 (%).Trend:Increase 195.35% than previous quarter

Overall: increasing (69.01%). 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 -5.82 (%).Trend:Decrease 53.18% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -3.05 (%).Trend:Decrease 47.59% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -3.46 (%).Trend:Increase 13.44% than previous quarter

Overall: increasing (-40.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.42 (%).Trend:Decrease 0.09% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.92 (%).Trend:Decrease 2.33% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.5 (%).Trend:Decrease 6.79% than previous quarter

Overall: decreasing (-8.96%). 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 -2.66 (%).Trend:Decrease 5.34% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -2.16 (%).Trend:Decrease 18.8% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -0.86 (%).Trend:Decrease 60.19% than previous quarter

Overall: increasing (-67.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.15 (USD).Trend:Increase 66.67% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.34 (USD).Trend:Increase 126.67% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 41.18% than previous quarter

Overall: increasing (33.33%). Fluctuation: **Significant** (high variation).



From Q2 2021 to Q1 2022, liabilities and current assets on revenue increased significantly, with considerable fluctuation.  The ratio of retained earnings to revenue also increased, but remained negative, indicating ongoing profitability challenges.  SG&A expenses showed a small decrease, suggesting cost control efforts.  Retained earnings on assets and earnings per share showed overall increases but significant variation.