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 40.58 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 33.19 (%).Trend:Decrease 18.21% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 76.17 (%).Trend:Increase 129.5% than previous quarter

Overall: increasing (87.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 49.18 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 35.72 (%).Trend:Decrease 27.37% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 96.67 (%).Trend:Increase 170.63% than previous quarter

Overall: increasing (96.56%). 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 -201.12 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -129.22 (%).Trend:Decrease 35.75% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -256.0 (%).Trend:Increase 98.11% than previous quarter

Overall: decreasing (27.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.55 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.51 (%).Trend:Decrease 1.57% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.55 (%).Trend:Decrease 38.25% than previous quarter

Overall: decreasing (-39.22%). 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 -139.1 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -134.79 (%).Trend:Decrease 3.1% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -114.24 (%).Trend:Decrease 15.25% than previous quarter

Overall: increasing (-17.87%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -1.94 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -2.52 (USD).Trend:Increase 29.9% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 107.14% than previous quarter

Overall: increasing (-109.28%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations in both liabilities and current assets on revenue, with substantial increases and decreases across the three quarters.  Liabilities on revenue increased significantly in Q1 2022 compared to the previous quarter, then decreased sharply in Q2 and Q3.  Current assets on revenue also increased significantly in Q1 2022, then decreased in Q2 and Q3.  Cost efficiency, as measured by the ratio of retained earnings to revenue and the SG&A expense ratio, shows a significant decreasing trend overall, with considerable variation between quarters. Invest efficiency shows increasing trend in retained earnings on assets, but also high fluctuation. Earnings per share shows an increasing trend with significant fluctuation, with a sharp increase in Q2 2022 followed by a further increase in Q3 2022.