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 67.31 (%).Trend:Decrease 47.83% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 44.72 (%).Trend:Decrease 33.56% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 115.6 (%).Trend:Increase 158.5% than previous quarter

Overall: increasing (71.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 142.4 (%).Trend:Decrease 51.59% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 92.56 (%).Trend:Decrease 35.0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 213.61 (%).Trend:Increase 130.78% than previous quarter

Overall: increasing (50.01%). 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 58.68 (%).Trend:Decrease 45.93% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 35.31 (%).Trend:Decrease 39.83% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 72.71 (%).Trend:Increase 105.92% than previous quarter

Overall: increasing (23.91%). 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 23.4 (%).Trend:Increase 5.12% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 20.33 (%).Trend:Decrease 13.12% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 17.78 (%).Trend:Decrease 12.54% than previous quarter

Overall: decreasing (-24.02%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Working capital efficiency, as measured by liabilities and current assets on revenue, shows significant fluctuations with substantial increases in Q1 2022. Cost efficiency shows a significant increase in the ratio of retained earnings to revenue in Q1 2022, but with substantial volatility overall.  Investment efficiency saw a modest decrease in retained earnings on assets over the period.