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 83.58 (%).Trend:Decrease 59.92% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 30.12 (%).Trend:Decrease 63.96% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 99.92 (%).Trend:Increase 231.74% than previous quarter

Overall: increasing (19.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 187.69 (%).Trend:Decrease 51.66% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 103.55 (%).Trend:Decrease 44.83% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 299.47 (%).Trend:Increase 189.2% than previous quarter

Overall: increasing (59.56%). 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 33.86 (%).Trend:Decrease 25.63% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 26.19 (%).Trend:Decrease 22.65% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 67.63 (%).Trend:Increase 158.23% than previous quarter

Overall: increasing (99.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.87 (%).Trend:Decrease 1.91% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.26 (%).Trend:Decrease 4.62% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.92 (%).Trend:Increase 20.02% than previous quarter

Overall: increasing (14.48%). 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 9.67 (%).Trend:Increase 55.72% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 12.82 (%).Trend:Increase 32.57% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 8.61 (%).Trend:Decrease 32.84% than previous quarter

Overall: decreasing (-10.96%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.16 (USD).Trend:Increase 452.38% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.79 (USD).Trend:Increase 54.31% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.09 (USD).Trend:Decrease 105.03% than previous quarter

Overall: decreasing (-107.76%). Fluctuation: **Significant** (high variation).



From Q2 2021 to Q1 2022, working capital efficiency improved, with significant increases in liabilities and current assets on revenue despite high volatility. Cost efficiency also improved, with a dramatic increase in the ratio of retained earnings to revenue and a moderate increase in SG&A expense ratio.  Investment efficiency, however, shows a decrease in retained earnings on assets and a major decline in earnings per share, exhibiting significant volatility.