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 63.29 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 40.95 (%).Trend:Decrease 35.3% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 106.55 (%).Trend:Increase 160.2% than previous quarter

Overall: increasing (68.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 99.51 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 69.66 (%).Trend:Decrease 30.0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 192.39 (%).Trend:Increase 176.18% than previous quarter

Overall: increasing (93.34%). 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 183.94 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 129.55 (%).Trend:Decrease 29.57% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 363.91 (%).Trend:Increase 180.9% than previous quarter

Overall: increasing (97.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 65.33 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 68.1 (%).Trend:Increase 4.24% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 74.67 (%).Trend:Increase 9.65% than previous quarter

Overall: increasing (14.3%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.25 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.9 (USD).Trend:Increase 52.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.86 (USD).Trend:Decrease 54.74% than previous quarter

Overall: decreasing (-31.2%). Fluctuation: **Significant** (high variation).



This analysis covers Q2 2021 to Q1 2022, revealing fluctuating financial performance. Liabilities on revenue increased overall (68.35%) with significant variation, as did current assets on revenue (93.34%). The ratio of retained earnings to revenue also showed a substantial increase (97.84%) despite significant quarterly swings. Retained earnings on assets experienced a steady, albeit small, increase (14.3%) with minimal fluctuation. Conversely, earnings per share decreased overall (-31.2%) with significant volatility. These trends suggest a company growing its asset base and retained earnings, but with unstable working capital and declining profitability.