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 65.73 (%).Trend:Decrease 52.85% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 43.63 (%).Trend:Decrease 33.62% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 83.36 (%).Trend:Increase 91.06% than previous quarter

Overall: increasing (26.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 91.96 (%).Trend:Decrease 52.26% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 62.79 (%).Trend:Decrease 31.72% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 178.31 (%).Trend:Increase 183.98% than previous quarter

Overall: increasing (93.9%). 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 74.73 (%).Trend:Decrease 50.34% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 51.33 (%).Trend:Decrease 31.31% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 96.22 (%).Trend:Increase 87.45% than previous quarter

Overall: increasing (28.76%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.5 (%).Trend:Increase 1.41% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.96 (%).Trend:Increase 4.0% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.37 (%).Trend:Decrease 30.02% than previous quarter

Overall: decreasing (-27.22%). Fluctuation: **Neutral** (moderate 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 20.28 (%).Trend:Decrease 1.22% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 20.86 (%).Trend:Increase 2.86% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 18.02 (%).Trend:Decrease 13.61% than previous quarter

Overall: decreasing (-11.14%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.49 (USD).Trend:Increase 113.04% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.83 (USD).Trend:Increase 69.39% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.34 (USD).Trend:Decrease 59.04% than previous quarter

Overall: decreasing (-30.61%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2021 to Q1 2022 demonstrates varied trends.  Working capital efficiency (liabilities and current assets on revenue) increased but with considerable fluctuation. Cost efficiency (ratio of retained earnings to revenue) also increased, but with similar volatility. SG&A expense ratio decreased, while investment efficiency (retained earnings on assets) decreased. Earnings per share decreased.