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 74.76 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 38.35 (%).Trend:Decrease 48.7% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 100.67 (%).Trend:Increase 162.5% than previous quarter

Overall: increasing (34.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 148.66 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 94.17 (%).Trend:Decrease 36.65% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 259.19 (%).Trend:Increase 175.24% than previous quarter

Overall: increasing (74.35%). 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 -74.81 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -46.55 (%).Trend:Decrease 37.78% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -166.59 (%).Trend:Increase 257.87% than previous quarter

Overall: decreasing (122.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 77.32 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 86.92 (%).Trend:Increase 12.42% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 67.07 (%).Trend:Decrease 22.84% than previous quarter

Overall: decreasing (-13.26%). 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 -19.94 (%).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -18.46 (%).Trend:Decrease 7.42% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -21.88 (%).Trend:Increase 18.53% than previous quarter

Overall: decreasing (9.73%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.58 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.25 (USD).Trend:Decrease 56.9% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.26 (USD).Trend:Increase 4.0% than previous quarter

Overall: increasing (-55.17%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2021 to Q1 2022 shows significant fluctuations in liabilities on revenue (overall increase, significant variation), and current assets on revenue (overall increase, significant variation).  Ratio of retained earnings to revenue shows an overall decrease and significant variation. SG&A expense ratio shows an overall decrease with neutral fluctuation. Retained earnings on assets show an overall decrease and significant variation; Earnings per share show an overall increase with significant variation.