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 36.88 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 23.17 (%).Trend:Decrease 37.17% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 71.71 (%).Trend:Increase 209.5% than previous quarter

Overall: increasing (94.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 85.89 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 56.51 (%).Trend:Decrease 34.21% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 169.68 (%).Trend:Increase 200.27% than previous quarter

Overall: increasing (97.56%). 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 -86.49 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -59.79 (%).Trend:Decrease 30.87% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -173.66 (%).Trend:Increase 190.45% than previous quarter

Overall: decreasing (100.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.27 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.99 (%).Trend:Decrease 2.48% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.51 (%).Trend:Decrease 4.37% than previous quarter

Overall: decreasing (-6.74%). 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 -35.23 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -36.92 (%).Trend:Increase 4.8% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -37.33 (%).Trend:Increase 1.11% than previous quarter

Overall: decreasing (5.96%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.62 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.75 (USD).Trend:Increase 20.97% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.13 (USD).Trend:Decrease 82.67% than previous quarter

Overall: increasing (-79.03%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 reveal a picture of increasing working capital efficiency, with substantial volatility in both liabilities and current assets on revenue. Cost efficiency shows a significant decrease in the ratio of retained earnings to revenue, with high variation, while selling, general, and administrative (SG&A) expense ratios show a modest decrease and minimal fluctuation. Investment efficiency, as indicated by retained earnings on assets, also displays a decreasing trend with considerable variability.  Earnings per share show an increasing pattern, with significant volatility.  Overall, the performance demonstrates instability and potential risk, especially with the substantial changes in working capital and cost efficiency metrics.