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 32.62 (%).Trend:Decrease 42.79% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 34.04 (%).Trend:Increase 4.35% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 60.55 (%).Trend:Increase 77.88% than previous quarter

Overall: increasing (85.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 210.42 (%).Trend:Decrease 45.77% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 71.72 (%).Trend:Decrease 65.92% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 145.33 (%).Trend:Increase 102.64% than previous quarter

Overall: decreasing (-30.93%). 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 71.94 (%).Trend:Decrease 46.6% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 45.15 (%).Trend:Decrease 37.24% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 86.76 (%).Trend:Increase 92.16% than previous quarter

Overall: increasing (20.6%). 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 25.55 (%).Trend:Decrease 0.78% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 16.53 (%).Trend:Decrease 35.3% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 17.41 (%).Trend:Increase 5.32% than previous quarter

Overall: decreasing (-31.86%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.49 (USD).Trend:Decrease 2.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.47 (USD).Trend:Decrease 4.08% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.28 (USD).Trend:Decrease 40.43% than previous quarter

Overall: decreasing (-42.86%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 reveal substantial volatility in various financial metrics.  Liabilities on revenue rose significantly, yet current assets on revenue fell, suggesting liquidity issues.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows an overall positive trend but with significant fluctuations.  Invest efficiency reveals a decreasing trend, while earnings per share have also been consistently decreasing.  These findings highlight a need for further analysis and strategy to address the significant volatility and mitigate potential risks.