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 40.99 (%).Trend:Decrease 57.86% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.01 (%).Trend:Decrease 31.67% than previous quarter
Year 2022 Quarter 1: Liabilities on Revenue 92.93 (%).Trend:Increase 231.77% than previous quarter

Overall: increasing (126.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 94.61 (%).Trend:Decrease 53.48% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 79.17 (%).Trend:Decrease 16.32% than previous quarter
Year 2022 Quarter 1: Current assets on Revenue 151.39 (%).Trend:Increase 91.22% than previous quarter

Overall: increasing (60.01%). 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 -15.22 (%).Trend:Decrease 58.14% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue -8.91 (%).Trend:Decrease 41.46% than previous quarter
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -17.34 (%).Trend:Increase 94.61% than previous quarter

Overall: decreasing (13.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.66 (%).Trend:Decrease 9.35% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.47 (%).Trend:Decrease 0.92% than previous quarter
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.04 (%).Trend:Increase 27.21% than previous quarter

Overall: increasing (26.04%). Fluctuation: **Neutral** (moderate 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 -6.39 (%).Trend:Decrease 7.66% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets -5.27 (%).Trend:Decrease 17.53% than previous quarter
Year 2022 Quarter 1: Retained Earning on Assets -3.13 (%).Trend:Decrease 40.61% than previous quarter

Overall: increasing (-51.02%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 2: Earning Per Share 0.06 (USD).Trend:Decrease 250.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.14 (USD).Trend:Increase 133.33% than previous quarter
Year 2022 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 157.14% than previous quarter

Overall: decreasing (-233.33%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2021 to Q1 2022 reveal high volatility in key financial areas. Working capital efficiency shows mixed results, with liabilities and current assets on revenue exhibiting a pattern of decrease then a large increase in Q1 2022.  Cost efficiency (SG&A expense ratio) shows a somewhat consistent decrease. Retained earnings on assets and earnings per share demonstrate substantial, irregular swings.