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 32.84 (%).Trend:Decrease 51.11% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 22.31 (%).Trend:Decrease 32.06% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 67.93 (%).Trend:Increase 204.48% than previous quarter

Overall: increasing (106.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 42.86 (%).Trend:Decrease 46.05% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 30.86 (%).Trend:Decrease 28.0% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 91.2 (%).Trend:Increase 195.53% than previous quarter

Overall: increasing (112.79%). 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 40.01 (%).Trend:Decrease 46.83% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 26.7 (%).Trend:Decrease 33.27% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 75.45 (%).Trend:Increase 182.58% than previous quarter

Overall: increasing (88.58%). 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 30.98 (%).Trend:Increase 4.56% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 30.57 (%).Trend:Decrease 1.32% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 33.24 (%).Trend:Increase 8.73% than previous quarter

Overall: increasing (7.3%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 1.76 (USD).Trend:Increase 120.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.14 (USD).Trend:Increase 21.59% than previous quarter
Year 2022 Quarter 1: Earning Per Share 1.56 (USD).Trend:Decrease 27.1% than previous quarter

Overall: decreasing (-11.36%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q2 2021 to Q1 2022 reveal considerable fluctuation in key financial metrics. Working capital efficiency (liabilities and current assets on revenue) show increases with substantial quarter-to-quarter variations. Cost efficiency, measured by the retained earnings-to-revenue ratio, demonstrates increases with high volatility. Investment efficiency shows a stable upward trend. Earnings per share, however, experience a decline in the first quarter of 2022.