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 48.84 (%).Trend:Decrease 48.18% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 38.69 (%).Trend:Decrease 20.78% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 99.81 (%).Trend:Increase 157.97% than previous quarter

Overall: increasing (104.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 440.44 (%).Trend:Decrease 47.54% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 296.09 (%).Trend:Decrease 32.77% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 725.12 (%).Trend:Increase 144.9% than previous quarter

Overall: increasing (64.64%). 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 148.77 (%).Trend:Decrease 52.35% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 86.28 (%).Trend:Decrease 42.0% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue 164.64 (%).Trend:Increase 90.82% than previous quarter

Overall: increasing (10.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.66 (%).Trend:Increase 4.35% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.71 (%).Trend:Increase 0.19% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.85 (%).Trend:Decrease 11.12% than previous quarter

Overall: decreasing (-10.95%). 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 29.22 (%).Trend:Decrease 8.92% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 25.25 (%).Trend:Decrease 13.59% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets 19.75 (%).Trend:Decrease 21.78% than previous quarter

Overall: decreasing (-32.41%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share -0.88 (USD).Trend:Increase 95.56% than previous quarter
Year 2021 Quarter 3: Earning Per Share -1.37 (USD).Trend:Increase 55.68% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.3 (USD).Trend:Decrease 78.1% than previous quarter

Overall: increasing (-65.91%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2021 to Q1 2022 reveals significant fluctuations in key metrics.  Liabilities and current assets on revenue increased substantially, indicating potential working capital challenges.  Ratio of retained earnings to revenue also increased significantly, yet retained earnings on assets showed a consistent decline. SG&A expenses decreased slightly, suggesting improved cost control. Earnings per share, while improving, remain negative.