Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 1 in 2022 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 88.57 (%).Trend:Increase 55.99% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 43.87 (%).Trend:Decrease 50.47% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 129.37 (%).Trend:Increase 194.89% than previous quarter

Overall: increasing (46.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 273.56 (%).Trend:Increase 73.3% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 141.14 (%).Trend:Decrease 48.41% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 383.71 (%).Trend:Increase 171.86% than previous quarter

Overall: increasing (40.27%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2021 to Quater 1 in 2022 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 125.85 (%).Trend:Increase 54.63% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 65.84 (%).Trend:Decrease 47.68% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 155.84 (%).Trend:Increase 136.7% than previous quarter

Overall: increasing (23.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.72 (%).Trend:Decrease 34.05% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.93 (%).Trend:Increase 1.43% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.62 (%).Trend:Increase 11.32% than previous quarter

Overall: increasing (12.91%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 1 in 2021 to Quater 1 in 2022 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets 16.75 (%).Trend:Increase 6.48% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 17.66 (%).Trend:Increase 5.43% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 19.02 (%).Trend:Increase 7.7% than previous quarter

Overall: increasing (13.55%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.39 (USD).Trend:Decrease 124.68% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.17 (USD).Trend:Increase 200.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.54 (USD).Trend:Decrease 53.85% than previous quarter

Overall: increasing (38.46%). Fluctuation: **Significant** (high variation).



Financial review from Q1 2021 to Q1 2022 reveals a mixed picture.  Working capital efficiency, with liabilities and current assets on revenue increasing significantly, shows large variations. Cost efficiency, with the SG&A ratio rising, indicates a generally positive trend.  Investment efficiency and earnings per share exhibit increasing overall trends but with noticeable volatility.  Strategic actions to stabilize these fluctuating metrics should be a priority.