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 81.93 (%).Trend:Decrease 43.06% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 57.61 (%).Trend:Decrease 29.68% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 149.74 (%).Trend:Increase 159.92% than previous quarter

Overall: increasing (82.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 104.05 (%).Trend:Decrease 45.09% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 71.63 (%).Trend:Decrease 31.16% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 179.53 (%).Trend:Increase 150.64% than previous quarter

Overall: increasing (72.54%). 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 74.92 (%).Trend:Decrease 41.99% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 53.33 (%).Trend:Decrease 28.82% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 137.9 (%).Trend:Increase 158.58% than previous quarter

Overall: increasing (84.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.41 (%).Trend:Decrease 1.65% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.4 (%).Trend:Decrease 0.03% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.62 (%).Trend:Increase 6.1% than previous quarter

Overall: increasing (6.07%). 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 37.84 (%).Trend:Increase 4.42% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 38.66 (%).Trend:Increase 2.17% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 38.77 (%).Trend:Increase 0.28% than previous quarter

Overall: increasing (2.46%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 5.59 (USD).Trend:Increase 97.53% than previous quarter
Year 2021 Quarter 3: Earning Per Share 8.28 (USD).Trend:Increase 48.12% than previous quarter
Year 2022 Quarter 1: Earning Per Share 2.28 (USD).Trend:Decrease 72.46% than previous quarter

Overall: decreasing (-59.21%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2021 to Q1 2022 indicates significant increases in liabilities on revenue, current assets on revenue, and ratio of retained earnings to revenue, although with high variability.  A slight increase in the SG&A expense ratio and retained earnings on assets were observed.  However, a substantial decrease in earnings per share warrants concern.