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 48.27 (%).Trend:Decrease 46.89% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 32.91 (%).Trend:Decrease 31.82% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 89.45 (%).Trend:Increase 171.8% than previous quarter

Overall: increasing (85.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 78.23 (%).Trend:Decrease 46.01% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 50.68 (%).Trend:Decrease 35.22% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 131.05 (%).Trend:Increase 158.58% than previous quarter

Overall: increasing (67.52%). 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 69.55 (%).Trend:Decrease 48.61% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 47.95 (%).Trend:Decrease 31.06% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 149.86 (%).Trend:Increase 212.53% than previous quarter

Overall: increasing (115.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45.67 (%).Trend:Decrease 1.59% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.3 (%).Trend:Decrease 0.81% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.19 (%).Trend:Increase 6.38% than previous quarter

Overall: increasing (5.52%). 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 44.45 (%).Trend:Decrease 1.64% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 46.89 (%).Trend:Increase 5.49% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 51.61 (%).Trend:Increase 10.07% than previous quarter

Overall: increasing (16.11%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statement responses from Q2 2021 to Q1 2022 reveal significant fluctuations in working capital efficiency metrics (liabilities and current assets). Cost efficiency demonstrates a substantial increase in the retained earnings-to-revenue ratio, suggesting cost-cutting strategies or improved profitability. SG&A expense ratio shows minimal variation. Investment efficiency exhibits a positive and steady increase in retained earnings on assets.