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 42.71 (%).Trend:Decrease 56.29% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.68 (%).Trend:Decrease 32.85% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 79.31 (%).Trend:Increase 176.53% than previous quarter

Overall: increasing (85.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 247.59 (%).Trend:Decrease 41.17% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 158.63 (%).Trend:Decrease 35.93% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 570.21 (%).Trend:Increase 259.46% than previous quarter

Overall: increasing (130.3%). 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 -470.12 (%).Trend:Decrease 55.24% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -294.66 (%).Trend:Decrease 37.32% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -813.39 (%).Trend:Increase 176.04% than previous quarter

Overall: decreasing (73.02%). 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 -120.73 (%).Trend:Decrease 24.44% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -116.82 (%).Trend:Decrease 3.24% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -96.64 (%).Trend:Decrease 17.27% than previous quarter

Overall: increasing (-19.95%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.29 (USD).Trend:Increase 52.63% than previous quarter
Year 2021 Quarter 3: Earning Per Share -0.33 (USD).Trend:Increase 13.79% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.22 (USD).Trend:Decrease 33.33% than previous quarter

Overall: increasing (-24.14%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2021 to Q1 2022 show significant volatility. Liabilities on revenue increased, followed by decreases in later quarters.  Current assets on revenue also increased, then decreased substantially.  Retained earnings to revenue continued its fluctuating downward trend. Retained earnings on assets trended overall upward. Earnings per share continued their overall downward trend, with a mixed performance in the subsequent quarters.  The analysis points to a volatile financial picture, requiring further investigation into the underlying causes.