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 22.96 (%).Trend:Decrease 41.02% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 18.02 (%).Trend:Decrease 21.52% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 36.26 (%).Trend:Increase 101.22% than previous quarter

Overall: increasing (57.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 40.13 (%).Trend:Decrease 40.51% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 33.72 (%).Trend:Decrease 15.97% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 60.94 (%).Trend:Increase 80.72% than previous quarter

Overall: increasing (51.86%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.08 (%).Trend:Decrease 3.79% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.91 (%).Trend:Decrease 3.35% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.01 (%).Trend:Decrease 18.33% than previous quarter

Overall: decreasing (-21.06%). Fluctuation: **Neutral** (moderate variation).


Invest Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2022 includes 3 quarters.

Retained Earning on Assets
Earning Per Share


Working capital efficiency from Q2 2021 to Q1 2022 shows significant fluctuations. Liabilities on revenue increased (57.93%), while current assets also increased (51.86%), both exhibiting considerable volatility. Cost efficiency, however, decreased (21.06%), with moderate fluctuation.  These trends suggest instability in working capital management, warranting careful analysis.