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 22.75 (%).Trend:Decrease 51.92% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 15.78 (%).Trend:Decrease 30.64% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 52.57 (%).Trend:Increase 233.14% than previous quarter

Overall: increasing (131.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 52.13 (%).Trend:Decrease 48.08% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 30.9 (%).Trend:Decrease 40.73% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 96.68 (%).Trend:Increase 212.88% than previous quarter

Overall: increasing (85.46%). 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 -59.31 (%).Trend:Decrease 49.53% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -40.83 (%).Trend:Decrease 31.16% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -129.56 (%).Trend:Increase 217.32% than previous quarter

Overall: decreasing (118.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -89.24 (%).Trend:Decrease 0.76% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -86.98 (%).Trend:Decrease 2.53% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -84.09 (%).Trend:Decrease 3.32% than previous quarter

Overall: increasing (-5.77%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.2 (USD).Trend:Increase 53.85% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.38 (USD).Trend:Increase 90.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.19 (USD).Trend:Decrease 50.0% than previous quarter

Overall: increasing (-5.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue decreased in Q2 and Q3 2021, then increased sharply in Q1 2022. Current assets on revenue decreased in Q2 and Q3 2021, then increased substantially in Q1 2022. Cost efficiency, measured by the ratio of retained earnings to revenue, shows an overall negative trend. Investment efficiency, measured by retained earnings on assets, decreased slightly. Earning per share had an increasing trend, with fluctuating results.