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 61.0 (%).Trend:Decrease 48.82% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 40.71 (%).Trend:Decrease 33.26% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 106.32 (%).Trend:Increase 161.16% than previous quarter

Overall: increasing (74.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 109.42 (%).Trend:Decrease 47.56% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 74.33 (%).Trend:Decrease 32.07% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 196.97 (%).Trend:Increase 164.99% than previous quarter

Overall: increasing (80.01%). 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 140.5 (%).Trend:Decrease 48.76% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 96.11 (%).Trend:Decrease 31.59% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 279.91 (%).Trend:Increase 191.24% than previous quarter

Overall: increasing (99.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.64 (%).Trend:Increase 0.08% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.18 (%).Trend:Decrease 1.73% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.43 (%).Trend:Decrease 10.5% than previous quarter

Overall: decreasing (-12.05%). Fluctuation: **Little** (low 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 39.65 (%).Trend:Increase 0.66% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 41.16 (%).Trend:Increase 3.81% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 44.99 (%).Trend:Increase 9.31% than previous quarter

Overall: increasing (13.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.67 (USD).Trend:Increase 67.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.85 (USD).Trend:Increase 70.66% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.38 (USD).Trend:Decrease 51.58% than previous quarter

Overall: decreasing (-17.37%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2021 to Q1 2022 reveals substantial fluctuations. Liabilities and current assets on revenue increased significantly, indicating potential working capital challenges.  Ratio of retained earnings to revenue also rose sharply, suggesting improving profitability. However, a decreasing earnings per share, despite  improving retained earnings on assets, warrants further investigation. SG&A expense ratio showed minor, consistent decrease.