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).



Financial statements from Q2 2021 to Q1 2022 show significant fluctuations in working capital efficiency. Liabilities on revenue increased dramatically in Q1 2022 after a period of decline. Current assets on revenue similarly rose sharply in Q1 2022. Cost efficiency, as measured by the ratio of retained earnings to revenue, showed a considerable downward trend. Investment efficiency, as indicated by retained earnings on assets, showed a slight overall increase with variability. Earning per share increased in the beginning of 2021 but experienced a significant decline in Q1 2022.