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 50.4 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 31.66 (%).Trend:Decrease 37.18% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 82.13 (%).Trend:Increase 159.41% than previous quarter

Overall: increasing (62.96%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 42.79 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 28.43 (%).Trend:Decrease 33.56% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 88.06 (%).Trend:Increase 209.74% than previous quarter

Overall: increasing (105.8%). 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 310.88 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 198.04 (%).Trend:Decrease 36.3% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 448.83 (%).Trend:Increase 126.64% than previous quarter

Overall: increasing (44.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.86 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.61 (%).Trend:Decrease 6.48% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.75 (%).Trend:Decrease 23.82% than previous quarter

Overall: decreasing (-28.76%). Fluctuation: **Neutral** (moderate 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 113.83 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 114.93 (%).Trend:Increase 0.97% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 111.0 (%).Trend:Decrease 3.42% than previous quarter

Overall: decreasing (-2.49%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.74 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.31 (USD).Trend:Increase 90.23% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.28 (USD).Trend:Decrease 61.33% than previous quarter

Overall: decreasing (-26.44%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 shows significant fluctuations. Working capital efficiency (liabilities and current assets on revenue) reveals increasing trends but with high variation. Cost efficiency (ratio of retained earnings to revenue) increases overall but demonstrates high fluctuation.  SG&A expense ratios are trending downward with moderate variation. Investment efficiency shows a decreasing trend in retained earnings on assets, but with little fluctuation. Earnings per share also show a decreasing trend, but with significant variation.