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 23.33 (%).Trend:Decrease 49.08% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 16.07 (%).Trend:Decrease 31.12% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 55.49 (%).Trend:Increase 245.3% than previous quarter

Overall: increasing (137.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 54.13 (%).Trend:Decrease 50.57% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 38.29 (%).Trend:Decrease 29.26% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 114.44 (%).Trend:Increase 198.88% than previous quarter

Overall: increasing (111.42%). 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 13.91 (%).Trend:Decrease 43.11% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 10.17 (%).Trend:Decrease 26.89% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 32.22 (%).Trend:Increase 216.81% than previous quarter

Overall: increasing (131.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.99 (%).Trend:Increase 0.74% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.51 (%).Trend:Increase 2.26% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.54 (%).Trend:Decrease 12.63% than previous quarter

Overall: decreasing (-10.66%). 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 10.16 (%).Trend:Increase 15.32% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 10.69 (%).Trend:Increase 5.22% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 12.6 (%).Trend:Increase 17.87% than previous quarter

Overall: increasing (24.02%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.3 (USD).Trend:Increase 103.12% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.68 (USD).Trend:Increase 29.23% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.42 (USD).Trend:Decrease 15.48% than previous quarter

Overall: increasing (9.23%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q2 2021 to Q1 2022 show significant volatility. Working capital metrics, particularly liabilities and current assets on revenue, fluctuate wildly.  Cost efficiency shows a slight decrease in the SG&A ratio but considerable fluctuation in the ratio of retained earnings to revenue.  Investment efficiency demonstrates a steady increase in retained earnings on assets, while earnings per share experience some variation.  These trends highlight a need for deeper investigation into the operational and economic factors behind these fluctuations.