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 67.31 (%).Trend:Decrease 47.83% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 44.72 (%).Trend:Decrease 33.56% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 115.6 (%).Trend:Increase 158.5% than previous quarter

Overall: increasing (71.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 142.4 (%).Trend:Decrease 51.59% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 92.56 (%).Trend:Decrease 35.0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 213.61 (%).Trend:Increase 130.78% than previous quarter

Overall: increasing (50.01%). 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 58.68 (%).Trend:Decrease 45.93% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 35.31 (%).Trend:Decrease 39.83% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 72.71 (%).Trend:Increase 105.92% than previous quarter

Overall: increasing (23.91%). 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 23.4 (%).Trend:Increase 5.12% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 20.33 (%).Trend:Decrease 13.12% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 17.78 (%).Trend:Decrease 12.54% than previous quarter

Overall: decreasing (-24.02%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Working capital efficiency in Q2 2021 to Q1 2022 shows substantial volatility. Liabilities on revenue increased significantly in Q1 2022, while current assets on revenue also increased significantly in Q1 2022. Cost efficiency, measured by the ratio of retained earnings to revenue, increased overall, though with large fluctuations, in the same period. Investment efficiency experienced a modest decrease in retained earnings on assets over the period.