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 45.64 (%).Trend:Decrease 50.48% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 73.41 (%).Trend:Increase 60.85% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 92.8 (%).Trend:Increase 26.41% than previous quarter

Overall: increasing (103.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 57.42 (%).Trend:Decrease 41.2% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 73.82 (%).Trend:Increase 28.56% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 102.27 (%).Trend:Increase 38.54% than previous quarter

Overall: increasing (78.11%). 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 -32.39 (%).Trend:Decrease 46.06% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -20.12 (%).Trend:Decrease 37.88% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -11.08 (%).Trend:Decrease 44.93% than previous quarter

Overall: increasing (-65.79%). 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 -11.42 (%).Trend:Increase 16.89% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -10.09 (%).Trend:Decrease 11.65% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -3.47 (%).Trend:Decrease 65.61% than previous quarter

Overall: increasing (-69.61%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -1.13 (USD).Trend:Increase 109.26% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.63 (USD).Trend:Increase 44.25% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.31 (USD).Trend:Decrease 80.98% than previous quarter

Overall: increasing (-72.57%). Fluctuation: **Significant** (high variation).



The analysis of financial statements from Q2 2021 to Q1 2022 shows significant variation across key metrics.  Working capital efficiency, measured by liabilities and current assets on revenue, demonstrated significant increases, while cost efficiency, represented by the ratio of retained earnings to revenue, showed a notable but erratic rise. Investment efficiency (retained earnings on assets) also increased, though erratically.  Earnings per share also trended positively, but with high volatility.  The observed trends indicate instability and potentially significant fluctuations in financial performance.