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 26.83 (%).Trend:Decrease 47.29% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 18.04 (%).Trend:Decrease 32.76% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 60.88 (%).Trend:Increase 237.47% than previous quarter

Overall: increasing (126.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 66.54 (%).Trend:Decrease 53.6% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 43.12 (%).Trend:Decrease 35.2% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 118.87 (%).Trend:Increase 175.67% than previous quarter

Overall: increasing (78.64%). 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 -12.63 (%).Trend:Decrease 68.77% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -5.65 (%).Trend:Decrease 55.27% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -1.29 (%).Trend:Decrease 77.17% than previous quarter

Overall: increasing (-89.79%). 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 -5.6 (%).Trend:Decrease 34.27% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -3.71 (%).Trend:Decrease 33.75% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -0.35 (%).Trend:Decrease 90.57% than previous quarter

Overall: increasing (-93.75%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.78 (USD).Trend:Increase 114.46% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.42 (USD).Trend:Increase 35.96% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.89 (USD).Trend:Decrease 63.22% than previous quarter

Overall: decreasing (-50.0%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 demonstrates significant volatility in working capital efficiency, cost efficiency, and investment efficiency metrics. Liabilities on revenue and current assets on revenue show substantial increases over the period, however with marked quarter-to-quarter fluctuations.  Cost efficiency (measured by the ratio of retained earnings to revenue) reveals an overall increasing trend, despite negative figures and large variation. Investment efficiency and earnings per share also show varying trends with considerable fluctuations. The data highlights the need for deeper analysis to determine the underlying factors contributing to the significant volatility.