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 19708.93 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 3760.08 (%).Trend:Decrease 80.92% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 44790.91 (%).Trend:Increase 1091.22% than previous quarter

Overall: increasing (127.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 106761.82 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 25019.14 (%).Trend:Decrease 76.57% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 297675.24 (%).Trend:Increase 1089.79% than previous quarter

Overall: increasing (178.82%). 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 -174164.27 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -33095.72 (%).Trend:Decrease 81.0% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -381410.66 (%).Trend:Increase 1052.45% than previous quarter

Overall: decreasing (118.99%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14608.93 (%).Trend:Decrease 100.0% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4229.64 (%).Trend:Decrease 71.05% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11600.94 (%).Trend:Increase 174.28% than previous quarter

Overall: decreasing (-20.59%). Fluctuation: **Significant** (high 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 -145.39 (%).Trend:Increase 20.78% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -93.31 (%).Trend:Decrease 35.82% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -89.98 (%).Trend:Decrease 3.57% than previous quarter

Overall: increasing (-38.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.94 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.11 (USD).Trend:Increase 18.09% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.36 (USD).Trend:Decrease 67.57% than previous quarter

Overall: increasing (-61.7%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant quarterly fluctuations. Liabilities on revenue increased dramatically in Q1 2022, then decreased, exhibiting high volatility. Current assets on revenue also saw a large increase in Q1 2022, and then a decline in subsequent quarters, demonstrating a pattern of substantial swings. Cost efficiency, as reflected in the decreasing trend of the ratio of retained earnings to revenue, and the fluctuating SG&A expense ratio, points to a complex and inconsistent cost structure. Investment efficiency, measured by retained earnings on assets, also displays significant variation.  Earnings per share continue to be negative, and while showing some small improvement, these values fluctuate significantly.