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 75930000000.0 (%).Trend:Decrease 27.6% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 65920000000.0 (%).Trend:Decrease 13.18% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 158480000000.0 (%).Trend:Increase 140.41% than previous quarter

Overall: increasing (108.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 113250000000.0 (%).Trend:Decrease 14.05% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 115050000000.0 (%).Trend:Increase 1.59% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 181390000000.0 (%).Trend:Increase 57.66% than previous quarter

Overall: increasing (60.17%). Fluctuation: **Neutral** (moderate 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 159380000000.0 (%).Trend:Increase 10.55% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 174080000000.0 (%).Trend:Increase 9.22% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 193190000000.0 (%).Trend:Increase 10.98% than previous quarter

Overall: increasing (21.21%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 50950000000.0 (%).Trend:Increase 112.47% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 77820000000.0 (%).Trend:Increase 52.74% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45550000000.0 (%).Trend:Decrease 41.47% than previous quarter

Overall: decreasing (-10.6%). Fluctuation: **Significant** (high 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 45.22 (%).Trend:Increase 12.35% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 48.74 (%).Trend:Increase 7.78% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 24.58 (%).Trend:Decrease 49.57% than previous quarter

Overall: decreasing (-45.64%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 12.69 (USD).Trend:Increase 163.83% than previous quarter
Year 2021 Quarter 3: Earning Per Share 20.31 (USD).Trend:Increase 60.05% than previous quarter
Year 2022 Quarter 1: Earning Per Share 10.43 (USD).Trend:Decrease 48.65% than previous quarter

Overall: decreasing (-17.81%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 reveals mixed performance. Liabilities on revenue showed a significant upward trend, while current assets on revenue also rose, suggesting improved efficiency, though with moderate variation. The ratio of retained earnings to revenue increased consistently, reflecting positive profitability, with low fluctuation. SG&A expenses decreased overall but with substantial changes. Investment efficiency, measured by retained earnings on assets, dramatically declined. Earnings per share trended downward, with significant variation throughout the period.