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 124.02 (%).Trend:Decrease 44.93% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 54.92 (%).Trend:Decrease 55.72% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 178.24 (%).Trend:Increase 224.54% than previous quarter

Overall: increasing (43.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 281.01 (%).Trend:Decrease 59.1% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 145.23 (%).Trend:Decrease 48.32% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 398.09 (%).Trend:Increase 174.11% than previous quarter

Overall: increasing (41.66%). 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 75.14 (%).Trend:Decrease 70.09% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 40.85 (%).Trend:Decrease 45.63% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 79.01 (%).Trend:Increase 93.41% than previous quarter

Overall: increasing (5.15%). 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 11.27 (%).Trend:Decrease 18.57% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 11.68 (%).Trend:Increase 3.64% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 8.73 (%).Trend:Decrease 25.26% than previous quarter

Overall: decreasing (-22.54%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.88 (USD).Trend:Increase 49.15% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.87 (USD).Trend:Decrease 1.14% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.24 (USD).Trend:Decrease 72.41% than previous quarter

Overall: increasing (-72.73%). Fluctuation: **Significant** (high variation).



From Q2 2021 to Q1 2022, liabilities on revenue and current assets on revenue both increased significantly, despite substantial quarter-to-quarter fluctuations.  The ratio of retained earnings to revenue also increased, though modestly.  Retained earnings on assets decreased slightly with moderate fluctuation, while earnings per share, though negative, showed an overall increase, albeit with significant variance.