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 46.02 (%).Trend:Decrease 44.93% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 35.02 (%).Trend:Decrease 23.9% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 86.92 (%).Trend:Increase 148.2% than previous quarter

Overall: increasing (88.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 42.13 (%).Trend:Decrease 48.23% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 32.98 (%).Trend:Decrease 21.72% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 127.07 (%).Trend:Increase 285.29% than previous quarter

Overall: increasing (201.61%). 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 -12.1 (%).Trend:Decrease 55.0% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -6.38 (%).Trend:Decrease 47.27% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -29.28 (%).Trend:Increase 358.93% than previous quarter

Overall: decreasing (141.98%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.86 (%).Trend:Decrease 3.55% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.19 (%).Trend:Decrease 6.17% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.11 (%).Trend:Increase 38.47% than previous quarter

Overall: increasing (29.93%). Fluctuation: **Neutral** (moderate 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 -10.95 (%).Trend:Decrease 3.95% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -8.64 (%).Trend:Decrease 21.1% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -10.39 (%).Trend:Increase 20.25% than previous quarter

Overall: increasing (-5.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.08 (USD).Trend:Increase 33.33% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.08 (USD).Trend:Decrease 200.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.15 (USD).Trend:Decrease 287.5% than previous quarter

Overall: decreasing (87.5%). Fluctuation: **Significant** (high variation).



The analysis covers Q2 2021 to Q1 2022, revealing significant fluctuations across key metrics. Liabilities on Revenue increased overall (88.87%) with substantial variation, peaking in Q1 2022 (86.92%). Current assets on Revenue also increased significantly (201.61%) with high variation, reaching 127.07% in Q1 2022. Cost efficiency shows a decreasing trend in the Ratio of Retained Earnings to Revenue (-141.98%) with significant fluctuation. SG&A Expense Ratio increased (29.93%) with neutral variation. Investment efficiency indicates a decreasing trend in Retained Earning on Assets (-5.11%) with significant fluctuation. Finally, Earnings Per Share decreased (87.5%) with significant fluctuation. Overall, the company exhibits considerable volatility in its financial performance.