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 26.61 (%).Trend:Decrease 44.2% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 16.74 (%).Trend:Decrease 37.09% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 34.58 (%).Trend:Increase 106.57% than previous quarter

Overall: increasing (29.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 99.91 (%).Trend:Decrease 45.08% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 72.14 (%).Trend:Decrease 27.8% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 133.0 (%).Trend:Increase 84.36% than previous quarter

Overall: increasing (33.12%). 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 46.21 (%).Trend:Decrease 47.83% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 34.15 (%).Trend:Decrease 26.1% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 15.6 (%).Trend:Decrease 54.32% than previous quarter

Overall: decreasing (-66.24%). 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 22.93 (%).Trend:Increase 8.67% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 25.49 (%).Trend:Increase 11.16% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 7.1 (%).Trend:Decrease 72.15% than previous quarter

Overall: decreasing (-69.04%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.43 (USD).Trend:Increase 126.32% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.68 (USD).Trend:Increase 58.14% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.53 (USD).Trend:Decrease 177.94% than previous quarter

Overall: decreasing (-223.26%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 reveals significant volatility.  Working capital efficiency, as measured by liabilities and current assets on revenue, showed an increase overall, with significant quarterly fluctuations. Cost efficiency, measured by retained earnings to revenue, significantly decreased, exhibiting high volatility across all three quarters. Investment efficiency, measured by retained earnings on assets, also decreased over the period, but with very large quarterly swings. Earnings per share decreased dramatically, also displaying high variability throughout the period.