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 32.11 (%).Trend:Decrease 53.42% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.17 (%).Trend:Decrease 18.5% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 85.35 (%).Trend:Increase 226.14% than previous quarter

Overall: increasing (165.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 48.04 (%).Trend:Decrease 50.15% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 31.85 (%).Trend:Decrease 33.7% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 99.59 (%).Trend:Increase 212.68% than previous quarter

Overall: increasing (107.31%). 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 -622.32 (%).Trend:Decrease 49.74% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -417.38 (%).Trend:Decrease 32.93% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -1259.66 (%).Trend:Increase 201.8% than previous quarter

Overall: decreasing (102.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.08 (%).Trend:Increase 1.87% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.65 (%).Trend:Increase 4.36% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.08 (%).Trend:Increase 3.15% than previous quarter

Overall: increasing (7.65%). Fluctuation: **Little** (low 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 -90.28 (%).Trend:Increase 1.56% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -93.45 (%).Trend:Increase 3.51% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -95.54 (%).Trend:Increase 2.24% than previous quarter

Overall: decreasing (5.83%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.08 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.14 (USD).Trend:Increase 75.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 92.86% than previous quarter

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



Financial statements from Q2 2021 to Q1 2022 show significant volatility.  Liabilities and current assets on revenue increased, but exhibited substantial quarter-to-quarter variations, particularly in the initial stages. The ratio of retained earnings to revenue continues its downward trend, with substantial fluctuations. The SG&A expense ratio trended upward but remained relatively stable. Investment efficiency showed a negative trend with retained earnings on assets. Earnings per share fluctuated drastically, from a positive growth to a large decline. A deep dive into the reasons behind these substantial changes is recommended.