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 52.55 (%).Trend:Decrease 51.64% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 25.81 (%).Trend:Decrease 50.88% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 103.34 (%).Trend:Increase 300.39% than previous quarter

Overall: increasing (96.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 60.49 (%).Trend:Decrease 48.99% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 32.45 (%).Trend:Decrease 46.35% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 117.45 (%).Trend:Increase 261.94% than previous quarter

Overall: increasing (94.16%). 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 8.27 (%).Trend:Decrease 27.9% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 6.22 (%).Trend:Decrease 24.79% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 28.11 (%).Trend:Increase 351.93% than previous quarter

Overall: increasing (239.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.3 (%).Trend:Decrease 6.02% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.16 (%).Trend:Decrease 0.92% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.57 (%).Trend:Increase 15.9% than previous quarter

Overall: increasing (14.84%). 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 7.11 (%).Trend:Increase 60.14% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.53 (%).Trend:Increase 34.04% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 8.13 (%).Trend:Decrease 14.69% than previous quarter

Overall: increasing (14.35%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 2.61 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 5.77 (USD).Trend:Increase 121.07% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.5 (USD).Trend:Decrease 74.0% than previous quarter

Overall: decreasing (-42.53%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 indicates significant fluctuation in several key metrics.  Liabilities on revenue increased substantially in Q1 2022 after a decline in Q2 and Q3 2021.  Current assets on revenue also experienced a substantial rise in Q1 2022, following a period of decrease.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows substantial increase in Q1 2022 after consistent declines in Q2 and Q3 2021.  The SG&A expense ratio shows a gradual increase with little fluctuation. Investment efficiency (retained earnings on assets) displays a slight overall upward trend but with some quarter-to-quarter variation. Earnings per share show a significant decrease in Q1 2022 after a growth in Q3 2021.