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 46.25 (%).Trend:Decrease 41.54% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 32.84 (%).Trend:Decrease 28.99% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 146.12 (%).Trend:Increase 344.95% than previous quarter

Overall: increasing (215.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 55.96 (%).Trend:Decrease 49.99% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 35.42 (%).Trend:Decrease 36.7% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 100.78 (%).Trend:Increase 184.53% than previous quarter

Overall: increasing (80.09%). 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 34.65 (%).Trend:Decrease 82.71% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 19.61 (%).Trend:Decrease 43.41% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 56.87 (%).Trend:Increase 190.01% than previous quarter

Overall: increasing (64.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.49 (%).Trend:Increase 8.62% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.43 (%).Trend:Decrease 0.44% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.07 (%).Trend:Decrease 2.68% than previous quarter

Overall: decreasing (-3.11%). 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 18.99 (%).Trend:Decrease 66.48% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 16.86 (%).Trend:Decrease 11.22% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 16.37 (%).Trend:Decrease 2.91% than previous quarter

Overall: decreasing (-13.8%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 5.34 (USD).Trend:Increase 78.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 4.86 (USD).Trend:Decrease 8.99% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.15 (USD).Trend:Decrease 76.34% than previous quarter

Overall: decreasing (-78.46%). Fluctuation: **Significant** (high variation).



Financial analysis of Q2 2021 to Q1 2022 reveals significant volatility in several key areas.  Liabilities and current assets on revenue showed substantial increases, but with significant quarter-to-quarter variation. The ratio of retained earnings to revenue saw a notable increase, with major fluctuations. SG&A expense ratio showed a slight decrease.  Investment efficiency and earnings per share saw substantial declines, with considerable variations between quarters.