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 38.09 (%).Trend:Decrease 48.42% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 25.5 (%).Trend:Decrease 33.05% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 76.6 (%).Trend:Increase 200.39% than previous quarter

Overall: increasing (101.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 95.61 (%).Trend:Decrease 48.4% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 64.43 (%).Trend:Decrease 32.61% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 183.36 (%).Trend:Increase 184.59% than previous quarter

Overall: increasing (91.78%). 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 41.17 (%).Trend:Decrease 45.96% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 28.23 (%).Trend:Decrease 31.43% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 82.97 (%).Trend:Increase 193.91% than previous quarter

Overall: increasing (101.53%). 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 39.98 (%).Trend:Increase 5.54% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 40.93 (%).Trend:Increase 2.38% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 41.21 (%).Trend:Increase 0.68% than previous quarter

Overall: increasing (3.08%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.75 (USD).Trend:Increase 141.94% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.97 (USD).Trend:Increase 29.33% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.31 (USD).Trend:Decrease 68.04% than previous quarter

Overall: decreasing (-58.67%). Fluctuation: **Significant** (high variation).



Financial analysis of Q2 2021 to Q1 2022 shows significant variability.  Liabilities on revenue increased sharply, while current assets on revenue also saw a substantial increase.  Cost efficiency, measured by the retained earnings-to-revenue ratio, showed a similar upward trend, although with significant fluctuations. Investment efficiency, represented by retained earnings on assets, indicates a stable increase. Earning per share, however, shows significant fluctuation, decreasing considerably in Q1 2022.