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 28.41 (%).Trend:Decrease 48.69% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 19.9 (%).Trend:Decrease 29.95% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 52.35 (%).Trend:Increase 163.07% than previous quarter

Overall: increasing (84.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 76.82 (%).Trend:Decrease 49.45% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 52.41 (%).Trend:Decrease 31.78% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 135.76 (%).Trend:Increase 159.03% than previous quarter

Overall: increasing (76.72%). 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 81.22 (%).Trend:Decrease 50.84% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 53.88 (%).Trend:Decrease 33.66% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 151.11 (%).Trend:Increase 180.46% than previous quarter

Overall: increasing (86.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.74 (%).Trend:Decrease 0.55% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.31 (%).Trend:Decrease 1.98% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.27 (%).Trend:Decrease 4.88% than previous quarter

Overall: decreasing (-6.76%). 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 54.33 (%).Trend:Decrease 1.07% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 54.69 (%).Trend:Increase 0.66% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 58.5 (%).Trend:Increase 6.97% than previous quarter

Overall: increasing (7.68%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.76 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.21 (USD).Trend:Increase 190.79% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.38 (USD).Trend:Decrease 37.56% than previous quarter

Overall: increasing (81.58%). Fluctuation: **Significant** (high variation).



The financial analysis reveals significant volatility in working capital efficiency, with liabilities and current assets on revenue exhibiting substantial quarter-to-quarter changes. Cost efficiency shows a steady decrease in the SG&A expense ratio, while investment efficiency displays a minor fluctuation in retained earnings on assets.  Earnings per share exhibits significant volatility, increasing substantially in Q3 2021 and decreasing in Q1 2022.  The data suggests a complex financial picture with varied performance trends.