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 28.81 (%).Trend:Decrease 45.44% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 18.37 (%).Trend:Decrease 36.24% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 52.31 (%).Trend:Increase 184.76% than previous quarter

Overall: increasing (81.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 231.85 (%).Trend:Decrease 49.74% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 157.27 (%).Trend:Decrease 32.17% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 432.53 (%).Trend:Increase 175.02% than previous quarter

Overall: increasing (86.56%). 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 26.61 (%).Trend:Decrease 43.61% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 19.81 (%).Trend:Decrease 25.55% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 67.12 (%).Trend:Increase 238.82% than previous quarter

Overall: increasing (152.24%). 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 8.31 (%).Trend:Increase 13.84% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.28 (%).Trend:Increase 11.67% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 11.26 (%).Trend:Increase 21.34% than previous quarter

Overall: increasing (35.5%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.6 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.87 (USD).Trend:Increase 45.0% than previous quarter
Year 2022 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 79.31% than previous quarter

Overall: decreasing (-70.0%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2021 to Q1 2022 reveals significant volatility. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased substantially overall but with marked variations quarter-to-quarter.  Investment efficiency saw a steady increase with moderate fluctuations. Earnings per share, however, fell substantially overall with extreme variability.