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 71.31 (%).Trend:Decrease 53.7% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 45.04 (%).Trend:Decrease 36.84% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 116.91 (%).Trend:Increase 159.57% than previous quarter

Overall: increasing (63.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 30.57 (%).Trend:Decrease 44.56% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 17.85 (%).Trend:Decrease 41.61% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 63.63 (%).Trend:Increase 256.47% than previous quarter

Overall: increasing (108.15%). 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 -121.14 (%).Trend:Decrease 50.4% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -78.32 (%).Trend:Decrease 35.35% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -140.06 (%).Trend:Increase 78.83% than previous quarter

Overall: decreasing (15.62%). 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 -41.53 (%).Trend:Increase 9.98% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -42.73 (%).Trend:Increase 2.89% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -32.03 (%).Trend:Decrease 25.04% than previous quarter

Overall: increasing (-22.88%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.4 (USD).Trend:Decrease 66.39% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.12 (USD).Trend:Decrease 70.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.94 (USD).Trend:Decrease 883.33% than previous quarter

Overall: decreasing (-335.0%). Fluctuation: **Significant** (high variation).



Financial analysis of Q2 2021 to Q1 2022 reveals high variability in financial performance.  Liabilities on revenue initially decreased but then saw a sharp increase in Q1 2022.  Current assets on revenue also displayed a fluctuating trend, increasing substantially in Q1 2022. The ratio of retained earnings to revenue exhibited a declining trend despite large swings between quarters. Investment efficiency, measured by retained earnings on assets, displayed an increase, though with fluctuating quarterly performance.  Earnings per share show a significant decline from Q2 2021 to Q1 2022, with large quarterly fluctuations. This overall indicates substantial operational changes and inconsistencies in financial performance.