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 59.45 (%).Trend:Decrease 54.72% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 22.96 (%).Trend:Decrease 61.38% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 57.73 (%).Trend:Increase 151.44% than previous quarter

Overall: decreasing (-2.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 51.22 (%).Trend:Decrease 55.22% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 37.48 (%).Trend:Decrease 26.83% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 101.88 (%).Trend:Increase 171.82% than previous quarter

Overall: increasing (98.91%). 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 64.84 (%).Trend:Decrease 50.96% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 44.98 (%).Trend:Decrease 30.63% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 108.01 (%).Trend:Increase 140.13% than previous quarter

Overall: increasing (66.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.54 (%).Trend:Decrease 5.7% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.73 (%).Trend:Decrease 21.72% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.85 (%).Trend:Increase 15.44% than previous quarter

Overall: decreasing (-9.64%). 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 37.42 (%).Trend:Increase 4.91% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 38.19 (%).Trend:Increase 2.06% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 35.54 (%).Trend:Decrease 6.94% than previous quarter

Overall: decreasing (-5.02%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q2 2021 to Q1 2022 shows significant fluctuation. Liabilities on revenue decreased drastically initially, before rising, suggesting instability. Current assets on revenue exhibited a significant decrease initially, before increasing, highlighting volatile asset management. Cost efficiency (retained earnings to revenue) demonstrates considerable improvement and then a sharp rise in the first quarter of 2022. The SG&A expense ratio shows a consistent decline. However, investment efficiency (retained earnings on assets) has a slight downward trend.