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 139.07 (%).Trend:Decrease 46.2% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 92.44 (%).Trend:Decrease 33.53% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 266.22 (%).Trend:Increase 187.99% than previous quarter

Overall: increasing (91.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 235.11 (%).Trend:Decrease 46.99% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 164.21 (%).Trend:Decrease 30.16% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 493.47 (%).Trend:Increase 200.51% than previous quarter

Overall: increasing (109.89%). 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 87.89 (%).Trend:Decrease 46.69% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 65.22 (%).Trend:Decrease 25.79% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 248.75 (%).Trend:Increase 281.4% than previous quarter

Overall: increasing (183.02%). 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 25.19 (%).Trend:Decrease 1.33% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 27.69 (%).Trend:Increase 9.92% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 32.04 (%).Trend:Increase 15.71% than previous quarter

Overall: increasing (27.19%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.65 (USD).Trend:Increase 111.54% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.23 (USD).Trend:Increase 95.76% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.32 (USD).Trend:Decrease 59.13% than previous quarter

Overall: decreasing (-20.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations, with liabilities on revenue decreasing 46.2% and 33.53% in Q2 2021 and Q3 2021, then increasing 187.99% in Q1 2022. Current assets on revenue also exhibit significant fluctuations, decreasing in Q2 2021 and Q3 2021, then increasing 200.51% in Q1 2022.  Cost efficiency shows a similar pattern of significant fluctuation in the ratio of retained earnings to revenue.  Invest efficiency shows a neutral fluctuation with retained earnings on assets steadily increasing throughout the period. Earning per share initially increased, then decreased in Q1 2022.