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 26.74 (%).Trend:Decrease 50.75% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 22.06 (%).Trend:Decrease 17.5% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 62.44 (%).Trend:Increase 183.05% than previous quarter

Overall: increasing (133.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 101.51 (%).Trend:Decrease 48.96% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 72.63 (%).Trend:Decrease 28.45% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 208.72 (%).Trend:Increase 187.37% than previous quarter

Overall: increasing (105.62%). 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 138.83 (%).Trend:Decrease 50.8% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 95.06 (%).Trend:Decrease 31.53% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 281.54 (%).Trend:Increase 196.17% than previous quarter

Overall: increasing (102.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.13 (%).Trend:Decrease 5.04% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.15 (%).Trend:Increase 1.77% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.1 (%).Trend:Decrease 4.35% than previous quarter

Overall: decreasing (-2.65%). 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 42.6 (%).Trend:Increase 2.63% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 42.57 (%).Trend:Decrease 0.07% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 43.47 (%).Trend:Increase 2.11% than previous quarter

Overall: increasing (2.04%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q2 2021 to Q1 2022 reveal significant fluctuations. Working capital efficiency (liabilities and current assets on revenue) are showing notable increases, although with high variability. Cost efficiency, as measured by the retained earnings-to-revenue ratio, displays a significant increase, but also exhibits substantial fluctuation.  The selling, general, and administrative (SG&A) expense ratio shows a modest decrease, while investment efficiency (retained earnings on assets) continues a modest upward trend with little variation.